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Nvidia Launches Boston Quantum Lab, Stocks Plummet

3/21/2025

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Summary

Story summary

Nvidia is launching a quantum computing lab in Boston in partnership with Harvard and MIT.
CEO Jensen Huang revised his timeline, suggesting useful quantum computers may arrive sooner than expected.
Despite the announcement, stocks of quantum companies D-Wave and IonQ experienced significant declines.
The lab will feature early quantum hardware and an Nvidia supercomputer to enhance quantum research efforts.

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Story summary

Nvidia is launching a quantum computing lab in Boston in partnership with Harvard and MIT.
CEO Jensen Huang revised his timeline, suggesting useful quantum computers may arrive sooner than expected.
Despite the announcement, stocks of quantum companies D-Wave and IonQ experienced significant declines.
The lab will feature early quantum hardware and an Nvidia supercomputer to enhance quantum research efforts.