Quantum Stocks Slide After D-Wave CEO Refutes Nvidia's Huang
The CEO of D-Wave Quantum, a quantum computing company whose value soared over eight times last year, counters that Jensen Huang's views on quantum computing are "completely wrong."
The CEO of the USA quantum computing company D-Wave Quantum, Alan Baratz, stated that Jensen Huang's views on quantum computing are "completely wrong." Previously, Jensen Huang's remarks about quantum computing alarmed Wall Street, resulting in a sharp decline in related Stocks, including D-Wave.
Express News | CEO of a USA quantum computing company: Jensen Huang's view on quantum computing is "completely wrong".
Bearish surprise! A statement from NVIDIA CEO Jensen Huang triggered a collective drop in USA quantum computing stocks.
NVIDIA CEO Jensen Huang admitted on Tuesday that practical applications of Quantum Computing are still several decades away. After a significant drop on Tuesday, related Concept Stocks saw an even greater decline on Wednesday, with IonQ falling by 39% and Quantum Computing down by 43.34%. Previously, these companies' stock prices had soared due to market expectations for the potential of the related technology, with Quantum Computing increasing by over 1800% in the past 12 months.
Quantum Computing Stocks Slump After Nvidia CEO Sees Use Many Years Away
Express News | Quantum Computing concept stocks collectively fell after hours, and NVIDIA CEO Jensen Huang stated that practical applications of quantum computers will take at least 15 years to achieve.
Shares of Companies Within the Broader Tech Sector Are Trading Lower Amid Overall Market Weakness Following Recent Economic Data and a Rise in Yields. Also, the Sector May Be Falling in Response to a Recent Pullback in NVIDIA as Investors Evaluate CES...
Rigetti Leads Quantum Stocks Higher as Surge Continues in 2025
Glaukos To Rally Around 17%? Here Are 6 Top Analyst Forecasts For Tuesday
Arqit Quantum Analyst Ratings
The top ten global business events of 2024: Musk's bold gamble, Broadcom's rise, and the significant debut of Google's quantum computing chip Willow.
The AI frenzy continues, NVIDIA's Market Cap has surpassed Microsoft for the first time in history, becoming the number one in the Global market; SpaceX's "chopsticks holding a rocket" suggests that humanity may not be far from landing on Mars; Google's quantum computing chip Willow is set to debut at the end of the year. Could today's quantum computing be like AI was ten years ago?
H.C. Wainwright Maintains Arqit Quantum(ARQQ.US) With Buy Rating, Raises Target Price to $52
Arqit Quantum's Strong Buy Recommendation Driven by Quantum Computing Growth and Strategic Expansion
Express News | Arqit Quantum Inc. : H.c. Wainwright Raises Target Price to $52 From $27
Axsome Therapeutics, Tesla And Other Big Stocks Moving Lower In Monday's Pre-Market Session
New keywords for Wall Street's Stocks investment portfolio: quantum computing.
With the introduction of Google's Willow quantum chip, the current development of quantum computing can be described as pressing the "accelerator key."
The "quantum frenzy" in the US stock market continues, with "quantum NVIDIA" RGTI skyrocketing by 36% and then rising another 10.62%!
After a 36% surge on Thursday, Rigetti Computing, NVIDIA in the quantum computing space, closed up 10.62% on Friday, bringing its year-to-date increase to nearly 1600%. Analysts state that this exciting rise highlights the market's confidence in quantum computing as a transformative power across industries, with experts predicting further expansion in its potential for efficiently solving complex problems and computational capabilities in the future.
Arqit Quantum Shares Halted To The Downside; Stock Now Down -12.78%
Rigetti (RGTI.US) leads the surge in American stock quantum computing shares, Analyst raises the alarm.
Quantum computing stocks in the US stock market continue to soar in the last month of 2024.
Rigetti Leads Quantum Stocks Higher as Year-end Surge Continues