Quantum computing stocks faced a sharp decline following remarks from Jensen Huang, CEO of Nvidia. During Nvidia’s analyst day, Huang expressed optimism about quantum computing’s future but warned that practical applications might be 15 to 30 years away. Huang highlighted that while quantum computing is effective for small data and big compute tasks, it struggles with large data due to its microwave-based communication. He emphasized the necessity of classical computers for error correction, positioning Nvidia as a significant player in the classical-quantum computing space. Nvidia collaborates with nearly every quantum computing company worldwide, extending their CUDA platform to quantum applications. “If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said. “If you picked 20, I think a whole bunch of us would believe it.” Following Huang’s comments, quantum computing stoc...