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.
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.
The CEO of quantum stock D-Wave criticizes Huang Renxun: He is completely wrong, we have a large number of paying customers.
The CEO of D-Wave stated that Huang Renxun's view that quantum computing will not become a mainstream technology for at least the next fifteen years is "completely wrong," because "D-Wave's quantum computers have already been commercialized today, and companies such as Mastercard and NTT Docomo in Japan are using our quantum computers to provide real benefits for their Business Operation."
Jensen Huang Is 'Dead Wrong' About Quantum Computing, D-Wave CEO Fires Back At Nvidia Boss: 'Happy To Meet With Jensen Any Time, Any Place, To Help Fill In These Gaps'
A statement from Jensen Huang caused quantum concept stocks to plummet. D-Wave CEO: His view is "completely wrong."
① The CEO of the USA quantum computing company D-Wave Quantum, Alan Baratz, recently stated that NVIDIA CEO Jensen Huang is "very wrong" about quantum computing; ② Previously, Huang's remarks frightened Wall Street. He indicated that it may take 15 to 30 years to bring a "very useful quantum computer" to market.
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The Trump team is reportedly considering declaring a national economic emergency to implement high and widespread tariffs; Bearish surprise! A single remark from NVIDIA CEO Jensen Huang triggered a collective drop in USA quantum computing stocks.
Express News | CEO of a USA quantum computing company: Jensen Huang's view on quantum computing is "completely wrong".
D-Wave CEO counters Huang Renxun: the view on quantum computing is completely incorrect.
D-Wave CEO Alan Baratz refuted NVIDIA CEO Jensen Huang's views on quantum computing, stating that they are "completely wrong." Huang believes that the commercialization of quantum computing will take another 15 to 30 years, while Baratz emphasized that D-Wave has already achieved commercialization of quantum computing, with companies like MasterCard and NTT Docomo using its quantum computers.
D-Wave Quantum Options Spot-On: On January 8th, 236.21K Contracts Were Traded, With 342.84K Open Interest
On January 8th ET, $D-Wave Quantum(QBTS.US)$ had active options trading, with a total trading volume of 236.21K options for the day, of which put options accounted for 36.13% of the total
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Huang Renshun has issued a Bearish signal! U.S. stocks related to Quantum Computing have fallen sharply, with RGTI, QBTS, and QUBT all dropping over 35%.
Jensen Huang's latest statement has triggered a strong reaction in the Global Capital Markets, causing stock prices of companies related to Quantum Computing to plummet worldwide.
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