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Quantum computing stocks tumble after Nvidia boss Jensen Huang says the tech is still 20 years away

SAM YEH/Getty, Tyler Le/BI

  • Quantum computing stocks dropped sharply on Wednesday.
  • The losses come after Nvidia CEO Jensen Huang said "very useful" quantum computers are decades away.
  • The stocks had surged at the end of 2024 on breakthroughs in the tech announced by Google.

Quantum computing stocks plunged Wednesday after Nvidia CEO Jensen Huang cast doubt on the timeline for the technology.

Shares of Rigetti and Quantum Computing each fell around 47%...

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