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Quantum Computing Stocks Sink
Quantum computing stocks sell-off accelerates as Zuckerberg becomes latest tech CEO to temper sector enthusiasm
Quantum computing stocks sold off Monday after Meta Platforms CEO Mark Zuckerberg cautioned that uses for computers with these capabilities remain years away. The comments reinforce recent commentary from Nvidia CEO Jensen Huang that suggested that the computers are likely 15 to 30 years away.
D-Wave and Quantum-Computing Stocks Slide. Meta’s Zuckerberg Sees Practical Uses ‘Quite a Ways Off.’
Quantum-computing stocks tumbled Monday following comments from Meta Platforms CEO Mark Zuckerberg that quantum is far from from being a “practical paradigm.” Shares of D-Wave Quantum and Rigetti Computing fell 23% and 16%,
Quantum Computing Stocks Collapse: Here's Why
The drop in stocks came after Nvidia CEO Jensen Huang's Q&A with analysts at CES in Las Vegas. When answering a question about the future of quantum computing, he said the timeline may be between 15 and 30 years until there is "very useful" quantum computers. This is the relevant quote from Huang:
1d
Jim Cramer Talked About These 9 Nuclear Power and Quantum Computing Stocks
Jim Cramer, host of Mad Money, recently cautioned investors about the risks of speculating in sectors like nuclear power and ...
2h
on MSN
D-Wave inks share sale agreement worth up to $150M, quantum stocks dip
D-Wave Quantum (NYSE:QBTS) said in a regulatory filing on Friday that it entered a sales agreement with agents, under which ...
4d
on MSN
Veteran analyst who was early to quantum computing revamps outlook after stocks get clobbered
Related: Fund manager who forecast Nvidia’s rally makes surprising move after CES keynote Specifically, Huang's choice of ...
24/7 Wall St
4d
Stock Market Today: Nasdaq Composite Falls & Quantum Computing Stocks Collapse (RGTI, IONQ, QUBT)
Live Updates Make sure to refresh this page periodically for updates. Momentum Stocks Crash 3:53 pm As we near the closing ...
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Related topics
Nvidia
Jensen Huang
IonQ
Artificial intelligence
Rigetti
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