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 computing companies have surged recently but Nvidia CEO Jensen Huang had a disappointing message for the sector.

Quantum computing stocks that rallied strongly in late 2024 amid advancements in the technology have started the new year on a volatile note. Following Tuesday’s retreat, triggered by broader market weakness,

At the Nvidia keynote at CES 2025, CEO Jensen Huang didn't waste anytime showing off the new GeForce RTX 50 Series. Huang walked onstage carrying the graphics card to a round of applause.

NVIDIA showcased groundbreaking innovations all emphasizing the convergence of AI And the push on AI Agents and Agentic AI.

The amount of geometry that you saw was absolutely insane,” Huang told an audience of thousands at CES 2025 Monday night. “It would have been impossible without artificial intelligence.” The chipmaker and AI darling unveiled its GeForce RTX 50 Series desktop and laptop GPUs — powered by its new Blackwell artificial intelligence chip — kicking off a string of entertainment-related AI announcements and discussions at the trade show.