From Nasdaq: 2025-02-13 04:46:00

Nvidia CEO Jensen Huang predicts useful quantum computers may not be available for another 20 years, sparking debate. Bill Gates believes quantum computing could be ready within 3-5 years, contrasting Nvidia’s timeline. Google and Microsoft are making strides in quantum computing, potentially posing a threat to Nvidia’s growth trajectory. Investors may need to consider the impact of quantum computing on Nvidia’s future.

While Gates’ optimism about quantum computing could spell trouble for Nvidia, it also presents opportunities. Quantum chips may lead to increased competition for Nvidia’s GPUs, but the demand for hybrid systems could rise. Nvidia’s positioning with its CUDA-Q platform could benefit from this shift. Quantum computing may not be an existential threat to Nvidia, but a potential avenue for growth and innovation.

Considerations before investing in Nvidia: The Motley Fool Stock Advisor team identified the 10 best stocks to buy now, excluding Nvidia. Historical returns show the potential for significant gains with strategic stock picks and portfolio management. Stock Advisor has outperformed the S&P 500 since 2002, offering valuable insights for investors.

Investing in Nvidia: Stock Advisor’s historical returns demonstrate the potential for significant gains with strategic stock picks and portfolio management. Learn more about the 10 best stocks to buy now, excluding Nvidia, for potential growth and returns. Consider the success of past recommendations and the insights provided by Stock Advisor for informed investment decisions. 1. The stock market surged today, with the S&P 500 reaching a record high of 4,500 points. The Dow Jones Industrial Average also saw gains, rising over 200 points. This positive momentum was attributed to strong earnings reports from major tech companies.

2. In other news, the United Nations reported that global carbon dioxide emissions hit a record high in 2021, despite efforts to reduce greenhouse gas emissions. The increase was driven by a rebound in economic activity following the COVID-19 pandemic, highlighting the urgent need for climate action.

3. Meanwhile, the latest job report showed that the U.S. economy added 943,000 jobs in July, surpassing expectations and signaling a strong recovery from the pandemic-induced recession. The unemployment rate also dropped to 5.4%, down from 5.9% in June, indicating a robust labor market.

4. On the international front, tensions between the U.S. and China escalated as the U.S. imposed new sanctions on Chinese officials over human rights abuses in Xinjiang. China condemned the move as interference in its internal affairs, further straining relations between the two superpowers.

5. Lastly, in the world of sports, Simone Biles made a triumphant return to the Olympics, winning a bronze medal in the balance beam final. The gymnastics superstar had withdrawn from several events to focus on her mental health, sparking a global conversation about athlete well-being.



Read more at Nasdaq: Billionaire Bill Gates Thinks Quantum Computing Could Be Ready for Prime Time Within 3 to 5 Years. Could Nvidia Be in Trouble If He’s Right?