Investors consequently want to know how long before quantum computers' time has come. IonQ's Chapman put together a timeline of his own. By 2030, the CEO believes his company will generate close to $1 billion in revenue and will also be profitable.
Quantum computing is drawing more attention now than generative AI did before ChatGPT’s release. This sparks big questions about what QC could achieve in 2025.
Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers are decades away.
Quantum-computing stocks have surged in recent months, reflecting hype that’s at odds with the current financial reality of these businesses, which still bring in minimal revenue. The stocks fell hard on Wednesday, however, after Nvidia Corp.’s NVDA ...
Stocks and ETFs tied to quantum computing rose significantly Wednesday after Nvidia and Microsoft highlighted the industry's enormous potential.
CEO Jensen Huang lit the entire quantum computing sector on fire last night after saying the technology won’t be “very useful” for at least 15 years and maybe as many as 30 years. He may as well have poured gasoline on the industry and thrown in a lit match.
Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.
Shares of quantum computing company IonQ ( IONQ 5.48%) raced higher this week. The stock was up by 28.5% as of Friday morning, according to data provided by S&P Global Market Intelligence.
Several stocks across the quantum computing industry fell sharply Wednesday after Nvidia CEO Jensen Huang said the technology is likely still years away.
Quantum computing has suddenly become a buzzword on Wall Street. Ever since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported that it hit a new milestone with Willow, its new quantum chip, quantum stocks have been soaring.
Quantum computing technology became a hot investing topic toward the end of 2024. After Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) last month unveiled its Willow quantum computing chip, which is significantly less error-prone than earlier iterations of the technology,