Shares of Quantum Computing Inc. (QUBT) plummeted 14.24% on Tuesday, following comments from Nvidia CEO Jensen Huang that raised concerns about the potential of quantum computing technology in the near future.

During a keynote address at a technology conference, Huang questioned the ability of quantum computers to outperform classical computers in the coming years. He specifically stated that practical quantum computers are likely 15 to 30 years away, with the most optimistic timeline being 15 years for "very useful quantum computers."

Huang's remarks sparked a sell-off in the stocks of quantum computing companies, including QUBT, as investors reassessed the viability and prospects of these firms. The steep decline in QUBT's stock price reflects the market's sensitivity to high-profile comments from industry leaders like Huang, whose opinions can significantly influence investor sentiment and trigger volatility in emerging technology sectors.