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Nvidia's Huang: Quantum Computers 20 Years Away, Stocks Plummet

5/30/2025

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Summary

Story summary

Nvidia CEO Jensen Huang's prediction that "very useful quantum computers" are still two decades away sent shockwaves through the market, plummeting quantum stock values. While Nvidia won’t venture into quantum hardware, it’s doubling down on software innovation with its CUDA-Q platform and is set to launch a research center in Boston to propel quantum advancements.

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Story summary

Nvidia CEO Jensen Huang's prediction that "very useful quantum computers" are still two decades away sent shockwaves through the market, plummeting quantum stock values. While Nvidia won’t venture into quantum hardware, it’s doubling down on software innovation with its CUDA-Q platform and is set to launch a research center in Boston to propel quantum advancements.