Wave were down sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.

Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away.

CEO Jensen Huang lit the entire quantum computing sector on fire last night after saying the technology won’t be “very useful” for at least 15 years and maybe as many as 30 years. He may as well have poured gasoline on the industry and thrown in a lit match.

After a deep dive, shares of artificial intelligence giant Nvidia were finding support at a key level on Wednesday. Does that mean Nvidia stock is a buy now? Nvidia shares tumbled Tuesday after hitting an all-time high in the wake of Chief Executive Jensen Huang's keynote address at CES 2025.

Nvidia’s stock is on the upswing after its CEO, Jensen Huang, unveiled a suite of new products, services and partnerships at CES 2025

Surprising no one, NVIDIA CEO Jensen Huang isn't too worried about a future filled with robots and superintelligent AI. In fact, he welcomes it. During a CES Q&A session with media and analysts, Huang was asked if he thought intelligent robots would ultimately side with humans,