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Fortune
Fortune
Stuart Dyos

Quantum-computing stocks fall again as Jensen Huang and other CEOs temper expectations around the bleeding-edge tech: ‘Not good enough yet for practical use’

Jensen Huang Nvidia WAVE Rigetti IONQ
Nvidia CEO Jensen Huang at the company's GTC conference in San Jose, Calif. (Credit: David Paul Morris—Bloomberg/Getty Images)
  • Jensen Huang hosted a “Quantum Day” during GTC, Nvidia’s annual developers conference, where experts shed light on quantum-computing progression. The Nvidia CEO said quantum computers will solve problems more important than just faster food deliveries and more powerful spreadsheets. Nonetheless, quantum-related stocks still fell.

During “Quantum Day” at Nvidia’s GTC conference this week, CEO Jensen Huang hosted experts in the quantum-computing field in an effort to reverse the impact of statements he made in January that tanked industry stock prices. 

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