Quantum Computing Stocks Collapse: Here's Why
Quantum computing was one of the hot trends of the past few months as stocks have doubled or more following Alphabet's (NASDAQ: GOOG) Willow announcement. Investors looking for any way to play the quantum computing space have pushed microcap stocks into the stratosphere.
Nvidia CEO Jensen Huang Just Delivered Terrible News for Quantum Computing Stocks
The quantum computing rally came to an abrupt end on Wednesday following comments from Nvidia CEO Jensen Huang. During a question-and-answer session with analysts, Huang put forth a more pessimistic view of the quantum computing timeline:
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Quantum computing stocks are tumbling after Nvidia CEO Jensen Huang warned that the technology is a long way off.
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Continued Ives, “We could go back to quarters where the stock sells off, bears come out of hibernation mode, stock goes to ...
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