Quantum shares rebounded in premarket trading. SEALSQ rose 22%; ARQQ rose 12%; QMCO up 8%; IONQ, Rigetti rose 7%; QUBT rose 5%; D-Wave Quantum rose 3%.
Quantum shares plunged Wednesday after Nvidia CEO Jensen Huang suggested that quantum computers are decades away.
D-Wave Quantum CEO Alan Baratz says Nvidia CEO Jensen Huang is an authority on many areas of computing, but not all areas and not on quantum computing. Huang is “dead wrong” with his comments on the usefulness of quantum applications being years away, argues Baratz, who says that his company is “commercial today” and its services are being used by companies like Mastercard (MA) today, “not 30 years from now, today.”