Quantum computing technology is at an inflection point, Nvidia (NVDA) CEO Jensen Huang told the VivaTech conference in Paris on Wednesday, adding that quantum computing will solve “some interesting problems” in the coming years, Reuters’ Supantha Mukherjee reported. The comments sound like a change in tone given that months ago Huang had offered his opinion that “very useful” quantum computers are likely decades away. Shares of quantum computing stocks moving higher in early Wednesday trading following Huang’s comments include D-Wave Quantum (QBTS), IonQ (IONQ), Rigetti Computing (RGTI) and Quantum Computing (QMCO).
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QBTS:
- D-Wave enters agreement to sell up to $400M shares from time to time
- D-Wave Quantum Enters $400M Sales Agreement
- IBM Announces Plan to Build World’s First Large-Scale Quantum Computer
- Trump Trade: U.S., China representatives to meet about trade
- D-Wave Quantum’s Stock Surges Amid Strategic Moves