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.

Sina FinanceJan 9 08:34

Express News | CEO of a USA quantum computing company: Jensen Huang's view on quantum computing is "completely wrong".

BreakingsJan 9 08:07

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.

wallstreetcnJan 9 07:18

ADRs End Lower; WiMi Hologram Cloud Inc. Declines 34%

Dow JonesJan 9 05:30

US stock market Quantum Computing concept stocks plummeted across the board: WiMi Hologram Cloud fell by 26%.

On January 8, according to Gelonghui, quantum computing concept stocks in the U.S. stock market plunged overall. SEALSQ Corp fell by 40%, Rigetti Computing, D-Wave Quantum, Quantum Computing, lonQ Inc, Arqit Quantum, and Quantum all dropped over 30%, WiMi Hologram Cloud dropped by 26%, and MicroCloud Hologram fell over 15%. In news, NVIDIA CEO Jensen Huang previously pointed out that practical applications of quantum computers are at least 15 years away.

Gelonghui FinanceJan 8 22:47

US Stock Outlook | "ADP Employment Report" falls short of expectations! The three major futures indices show slight gains; boosted by AMD's bullish investment, AI startup ABSI rises over 40% in pre-market trading.

According to informed sources, Trump is considering declaring a national economic emergency to launch a new tariff plan; Federal Reserve Governor Waller: supports further interest rate cuts this year; Federal Reserve's Bostic: inflation will gradually decline, policymakers should remain cautious in their decision-making.

Futu NewsJan 8 21:20