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:
Why Is D-Wave Quantum Computing Stock Crashing, and Is It a Buying Opportunity?
D-Wave Quantum Computing (NYSE: QBTS) stock trades at a lower price, but that doesn't necessarily make it a buy. On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop.
First, D-Wave Quantum CEO Alan Baratz said that Huang was “dead wrong.” He said that his company is “commercial today,” and ...
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Quantum computing stocks are tumbling after Nvidia CEO Jensen Huang warned that the technology is a long way off.
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In a major breakthrough, a team of scientists from the Indian Institute of Science (IISc) in Bengaluru, has developed a way ...
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