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Nvidia CEO Jensen Huang Apologizes for His Quantum Effect

  • Nvidia CEO Jensen Huang previously stated that practical quantum computers might not be purchasable for 15 to 30 years, but he later described quantum computing as having the potential to change everything.
  • At Nvidia's annual developer conference, Huang corrected his previous timeline on quantum computing's usefulness, noting he was surprised his prior comments affected the market.
  • Despite Huang's reassurances, stocks in the quantum sector, such as D-Wave, dropped significantly.
  • Nvidia announced plans to build a research center in Boston for collaboration with quantum researchers, indicating ongoing interest in the field despite market struggles.
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Barron's broke the news in New York, United States on Thursday, March 20, 2025.
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