Quantum-computing stocks fall again as Jensen Huang and other CEOs temper expectations around the bleeding-edge tech: ‘Not good enough yet for practical use’

Quick Summary:

D-Wave stock fell more than 18%, despite Huang’s goodwill effort.

Notably in November, Google announced Willow, its quantum-computing chip the company says solved one particular puzzle in five minutes that would take a traditional computer 10 septillion years to arrive at the same conclusion.

Rigetti president and CEO Subodh Kulkarni told the audience its quantum computers are “not good enough yet for practical use.

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Article Details

Author / Journalist: Stuart Dyos

Category: EconomyBusiness

Markets: United States

Topics: Tech stocks Quantum computing Nvidia Quantum computer

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-21 @ 18:16:17 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 509 words

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Sentences: 4 lines

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Copyright Owner: © Fortune

News ID: 27224864

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