Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away. The long wait outlined by Huang for "very useful quantum computers" throws cold water on a sector that was already expected to spend millions more on the technology,

Wave were down sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.

Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.

On Monday at CES, the company unveiled Project Digits, a $3,000 personal AI supercomputer powered by a new GB10 Grace Blackwell Superchip. Reuters reports that yesterday Nvidia CEO Jensen Huang hinted to investors and analysts that there are bigger plans for the Arm-based CPU within that chip, co-developed with MediaTek.

In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him. He watched as a dark-haired woman walked through ornate gilded double doors and took in the rays of light that poured in through stained glass windows.

Nvidia on Monday took the wraps off new products such as artificial intelligence to better train robots and cars, souped-up gaming chips and its first desktop computer, as it expounded upon its potential to expand its business.

A wide-ranging product presentation by chief executive Jensen Huang failed to propel the artificial intelligence chipmaker to new heights.

Nvidia Corp. shares slid on Tuesday after a wide-ranging product presentation by Chief Executive Officer Jensen Huang failed to propel the artificial intelligence chipmaker to new heights.

Key Takeaways Nvidia CEO Jensen Huang kicked off this year’s CES consumer electronics trade show with a keynote address Monday that included a flurry of artificial intelligence (AI) tech announcements.

There were plenty of AI announcements at CES 2025 and most didn't really matter. Seriously, a robot vacuum that can pick up dirty socks or TVs that can generate recipes? Meanwhile, Nvidia, the chip maker powering the AI revolution,