Nvidia’s Huang was “wrong” about quantum computing timeline
Oopsie.
In January, Nvidia cofounder and CEO Jensen Huang threw some cold water on everyone’s expectations of an imminent quantum computing revolution.
Huang told analysts that he thought “useful quantum computers” were 15 to 30 years away.
That statement threw quantum computing stocks like D-Wave Quantum, Quantum Computing, IonQ, and Rigetti Computing reeling, with double-digit declines.
At Nvidia’s GTC 2025 event, Huang tried to make amends for his remark, hosting a panel with quantum computing executives. CNBC reported he didn’t realize that there were publicly traded quantum computing companies. Huang said, “How could a quantum computer company be public?”
In Huang’s jargon-filled keynote, he also announced the “Nvidia Accelerated Quantum Research Center,” which will be built in Boston.
That statement threw quantum computing stocks like D-Wave Quantum, Quantum Computing, IonQ, and Rigetti Computing reeling, with double-digit declines.
At Nvidia’s GTC 2025 event, Huang tried to make amends for his remark, hosting a panel with quantum computing executives. CNBC reported he didn’t realize that there were publicly traded quantum computing companies. Huang said, “How could a quantum computer company be public?”
In Huang’s jargon-filled keynote, he also announced the “Nvidia Accelerated Quantum Research Center,” which will be built in Boston.
