Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.

I'm talking about the related area of quantum computing. In AI, large language models (LLM) train to learn all that humans know so that they can then go on to solve problems that involve reasoning.Start Your Mornings Smarter!

Jensen Huang’s comments at last week’s CES about quantum computing being decades away stirred up discussion within the quantum industry.

CEO Jensen Huang lit the entire quantum computing sector on fire last night after saying the technology won’t be “very useful” for at least 15 years and maybe as many as 30 years. He may as well have poured gasoline on the industry and thrown in a lit match.

Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers are decades away.

Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.

Quantum computing has suddenly become a buzzword on Wall Street. Ever since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported that it hit a new milestone with Willow, its new quantum chip, quantum stocks have been soaring.