Quantum computing stock bubble pops after Nvidia CEO warning

Jan 8, 2025 · Shares in the ultra-hot quantum computing sector plunged on Wednesday after Nvidia's CEO said useful quantum computers were decades away.. Why it matters: Quantum computing stocks have been on a ferocious run, with some names rising almost 20x in the last …

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Quantum Computing Stocks Dropped Over 40% After Nvidia CEO …

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Jan 9, 2025 · Quantum computing stocks tank as Nvidia CEO Jensen Huang predicts the tech won't be viable for another 20 years — stocks fell more than 40% for a total market value loss …

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The Quantum AI Bubble - Seeking Alpha

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6 days ago · The day after these comments, most stocks within the bubble declined by over 40%, including Quantum Corp. (QCMO), Quantum Computing , IonQ , and D-Wave Quantum , all of …

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The Anatomy Of A Bubble Bursting - Axios

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Jan 27, 2025 · When bubbles pop, it can cost investors $1 trillion or more in a single day, as happened Monday with the global AI rout. ... The U.S. stock market, though incredibly strong …

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FAQs about Quantum computing stock bubble pops after Nvidia CEO warning Coupon?

Why did quantum computing stock bubble burst after Nvidia CEO warning?

Quantum computing stock bubble bursts after Nvidia CEO warning. Shares in the ultra-hot quantum computing sector plunged on Wednesday after Nvidia's CEO said useful quantum computers were decades away. Why it matters: Quantum computing stocks have been on a ferocious run, with some names rising almost 20x in the last year. ...

Why did nvidia's'very useful' quantum computers fall?

The losses come after Nvidia CEO Jensen Huang said "very useful" quantum computers are decades away. The stocks had surged at the end of 2024 on breakthroughs in the tech announced by Google. Quantum computing stocks plunged Wednesday after Nvidia CEO Jensen Huang cast doubt on the timeline for the technology. ...

What happened to quantum stocks after Nvidia CEO Jensen Huang said?

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

Does Nvidia's quantum computing technology still exist?

Nvidia CEO Jensen Huang speaks at CES in Las Vegas on Jan. 6, 2025. A number of stocks in the quantum computing industry sank Wednesday after Nvidia CEO Jensen Huang said the technology is likely still years away. Stocks of Rigetti Computing, Quantum Computing, IonQ, and D-Wave Quantum all declined sharply Wednesday. ...

Why did quantum computing stocks drop Wednesday?

Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are many years away. "If you said 15 years for very useful quantum computers, that would probably be on the early side," he said during Nvidia's analyst day. "If you said 30, it's probably on the late side. ...

Did Nvidia CEO 'dead wrong' about quantum computing?

Quantum Computing’s stock was still up more than 1,000% over the past year despite Wednesday’s drop, while shares of IonQ and D-Wave Quantum were up more than 100% and 600% over the same period, respectively. D-Wave Quantum CEO Alan Baratz called out Huang for his prediction Wednesday, saying the Nvidia CEO was “dead wrong” about quantum computing. ...