Quantum stocks jump as Nvidia CEO says, “Quantum computing is reaching an inflection point”
As says Nvidia CEO Jensen Huang, so goes the quantum computing industry.
At the company’s developer conference today, Huang said that “quantum computing is reaching an inflection point,” where its ability to solve real-world problems is “within reach.”
That sent pure-play quantum stocks including D-Wave Quantum, IonQ, Rigetti, and Quantum Computing higher premarket. Each of the stocks were up at least 3%, and some as much as 8%.
You may remember that it was Huang’s words that tanked the industry’s stocks in January, so traders are clearly paying attention to what’s coming out of his mouth.
Read more from Sherwood News: D-Wave Quantum’s CEO on what Jensen Huang gets “dead wrong,” the march to 1 million qubits, and “technological hocus-pocus”
That sent pure-play quantum stocks including D-Wave Quantum, IonQ, Rigetti, and Quantum Computing higher premarket. Each of the stocks were up at least 3%, and some as much as 8%.
You may remember that it was Huang’s words that tanked the industry’s stocks in January, so traders are clearly paying attention to what’s coming out of his mouth.
Read more from Sherwood News: D-Wave Quantum’s CEO on what Jensen Huang gets “dead wrong,” the march to 1 million qubits, and “technological hocus-pocus”
