Shares of quantum-computing companies that skyrocketed in 2024 collapsed by double digits Wednesday after Nvidia CEO Jensen Huang said practical uses for quantum computing were more than a decade away.

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

The shares of IonQ Inc. and other companies linked to quantum computing tumbled in extended trading on Tuesday after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.

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Quantum computing stocks dived after Nvidia CEO Jensen Huang said Tuesday night that the tech won't be "very useful" for 15-30 years.

AI agents are quickly becoming part of the workforce, and as NVIDIA's CEO Jensen Huang pointed out at the Consumer Electronics Show in Las Vegas, Nevada, this week, companies are going to have to figure out how best to work with them.

CEO Jensen Huang delivered a keynote speech at CES 2025, where h reminded the audience that Nvidia has opportunities beyond generative AI. Nvidia products address every layer of the autonomous vehicle computing stack,

There may be more in store for the processor Nvidia co-developed with MediaTek for its Project Digits AI supercomputer.

The chip-making giant recently released a set of AI Blueprints, or agent models that can be integrated directly into a company’s software. In the future, Huang says these AI agents will work alongside employees helping them with everything from busy work to wrangling customer concerns.

Quantum computing stocks have soared over the past few months. Nvidia CEO Jensen Huang recently commented that the technology is likely still decades away from being useful, sending quantum computing stocks plunging.