Nvidia CEO Jensen Huang suggests quantum computing not useful for two decades

From Nasdaq: 2025-01-13 06:15:00

Quantum computing stocks surged after Alphabet unveiled its Willow chip, but dropped when Nvidia CEO Jensen Huang said useful quantum computing was still two decades away. D-Wave Quantum CEO disagreed, but stock performance has been lackluster. Investing in quantum computing may not be wise for short-term gains, but Alphabet remains a solid long-term option.

While quantum computing offers potential, it’s not commercially useful yet. Traditional computing and AI still have plenty of upside, making them more attractive investments. Investors may want to focus on existing holdings rather than diving into quantum computing stocks. Consider the advice of Stock Advisor analysts before investing in Alphabet or other tech stocks.

Stock Advisor has a track record of identifying high-performing stocks, with returns beating the S&P 500 since 2002. While quantum computing may have promise, long-term success may be more certain with traditional tech investments. Consider the advice of experts before making any investment decisions. 1. The stock market reached record highs today, with the Dow Jones Industrial Average closing at 35,000 points. This marks a significant milestone for investors, as the market continues to rebound from the impact of the pandemic.

2. In other news, a new study has found that over 70% of Americans have received at least one dose of the COVID-19 vaccine. This is a promising sign for public health efforts, as vaccination rates continue to rise across the country.

3. On the political front, President Biden announced a new infrastructure plan that includes $2 trillion in funding for projects such as roads, bridges, and broadband internet. The plan aims to create jobs and modernize the country’s infrastructure in order to compete globally.



Read more at Nasdaq: Did Nvidia CEO Jensen Huang Just Crush the Quantum Computing Industry?