
Nvidia CEO Jensen Huang purportedly was responsible for tanking quantum computing stocks on Wednesday after a claim he had made about quantum computers' usefulness. Reuters reports that Jensen Huang believes quantum computer usefulness will only truly take place in 20 years, tanking several quantum computing stocks by more than 40%.
According to Reuters, Jensen Huang claimed on Tuesday, "If you kind of said 15 years... that'd probably be on the early side. If you said 30, it's probably on the late side. But if you picked 20, I think a whole bunch of us would believe it."