Quantum computing stocks drop as Nvidia CEO says decades away from usefulness

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Quantum computing stocks drop as Nvidia CEO says decades away from usefulness

) fell between 3% and 15% following Huang’s comments. The stocks had also fallen during Tuesday’s session amid a broader technology rout.

“If you kind of said 15 years for very useful quantum computers, that'd probably be on the early side. If you said 30 is probably on the late side. But if you picked 20, I think a whole bunch of us would believe it,” Huang said, answering a question from Evercore’s Mark Lipacis. Huang also highlighted some of these challenges, while noting that quantum computing could not solve “every problem.”

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