Is Nvidia’s Jensen Huang Right About Quantum Computing?

“Very useful quantum computers are still a few decades away,” Nvidia CEO Jensen Huang said during a keynote presentation at the 2025 Consumer Electronics Show (CES) in Las Vegas last week. His comment sent shockwaves through the quantum computing industry, with shares of leading companies like Rigetti Computing, D-Wave Quantum and IonQ plummeting between 30 and 50 percent. These companies’ CEOs were quick to defend their industry in a bid to win back investor confidence. 

“Jensen Huang has a misunderstanding of quantum.