Stock Track | Quantum Computing Inc. (QUBT) Plummets 5.28% on CEO's Cautious Comments About Quantum Computing Timeline

Stock Track

Jan 16, 2025

Shares of Quantum Computing Inc. (QUBT) plummeted by 5.28% on Thursday morning, as the quantum computing sector faced a sell-off driven by cautious comments from Nvidia's CEO Jensen Huang regarding the timeline for achieving "useful quantum computers".

During a panel discussion at the CES conference, Huang asserted that quantum computing technology could be 20 years away from becoming "very useful". He stated that while 15 years would likely be on the early side, 30 years could be on the late side, suggesting a 20-year timeline as a reasonable estimate.

Huang's comments appear to have dampened investor enthusiasm for the near-term prospects of quantum computing companies like QUBT. Despite a recent surge in the stock prices of quantum computing firms, these companies are still in the early stages of development and face significant challenges in commercializing their technologies.

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(QUBT) Plummets 5.28% on CEO's Cautious Comments About Quantum Computing Timeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-16 22:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Quantum Computing Inc. (QUBT) plummeted by 5.28% on Thursday morning, as the quantum computing sector faced a sell-off driven by cautious comments from Nvidia's CEO Jensen Huang regarding the timeline for achieving \"useful quantum computers\".</p>\n\n<p>During a panel discussion at the CES conference, Huang asserted that quantum computing technology could be 20 years away from becoming \"very useful\". He stated that while 15 years would likely be on the early side, 30 years could be on the late side, suggesting a 20-year timeline as a reasonable estimate.</p>\n\n<p>Huang's comments appear to have dampened investor enthusiasm for the near-term prospects of quantum computing companies like QUBT. Despite a recent surge in the stock prices of quantum computing firms, these companies are still in the early stages of development and face significant challenges in commercializing their technologies.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QUBT","symbol_name":"Quantum Computing Inc.","start_time":0,"source_url":"","article_id":"1126752032","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126752032","pubTimestamp":1737038703,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Quantum Computing Inc.  plummeted by 5.28% on Thursday morning, as the quantum computing sector faced a sell-off driven by cautious comments from Nvidia's CEO Jensen Huang regarding the timeline for achieving \"useful quantum computers\".During a panel discussion at the CES conference, Huang asserted that quantum computing technology could be 20 years away from becoming \"very useful\". He stated that while 15 years would likely be on the early side, 30 years could be on the late side, sug","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QUBT":"Quantum Computing Inc."},"translate_title":"股票轨迹Quantum Computing Inc.(QUBT)因首席执行官对量子计算时间表的谨慎评论而暴跌5.28%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QUBT":1},"content_text":"Shares of Quantum Computing Inc. (QUBT) plummeted by 5.28% on Thursday morning, as the quantum computing sector faced a sell-off driven by cautious comments from Nvidia's CEO Jensen Huang regarding the timeline for achieving \"useful quantum computers\".\nDuring a panel discussion at the CES conference, Huang asserted that quantum computing technology could be 20 years away from becoming \"very useful\". 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