Nvidia CEO Jensen Huang’s remarks about the long timeline for quantum computing’s commercial viability led to an $8 billion selloff in the sector. Major quantum firms like IonQ and Rigetti Computing saw their shares plunge over 40%. D-Wave CEO Alan Baratz countered, asserting that their technology is already in commercial use.
Nvidia CEO’s one sentence wiped out $8 bn in market cap of quantum computing cos

Categories:
Related Post

Trump, Musk endorse Vivek Ramaswamy for Ohio governorTrump, Musk endorse Vivek Ramaswamy for Ohio governor
President Donald Trump and billionaire Elon Musk on Monday separately endorsed entrepreneur Vivek Ramaswamy in Ohio’s gubernatorial race. Ramaswamy, who ran against Trump in the 2024 GOP presidential primary, announced
How TikTok could avoid being banned in the U.S.How TikTok could avoid being banned in the U.S.
The TikTok ban is set to go into effect next month barring a last-minute sale or Supreme Court action.

‘Wrong thing to do’: Australia captain on T20 WC in Bangladesh‘Wrong thing to do’: Australia captain on T20 WC in Bangladesh
Australian cricket captain Alyssa Healy raised concerns about the ICC T20 World Cup in Bangladesh due to ongoing violence and political instability. She doubted the feasibility of the event amid