Quantum Computing Stocks Dive After Nvidia CEO Says Tech 15-30 Years Away

Quantum Computing Industry - Quantum computing stocks IonQ (IONQ), Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and Quantum Computing (QUBT) experienced significant declines following Nvidia CEO Jensen Huang's comments that quantum computing technology will not be "very useful" for 15-30 years [1] - Jensen Huang stated that a 15-year timeline for useful quantum computers would be on the early side, while 30 years would be on the late side, with 20 years being a more widely accepted estimate [2] - Quantum computing stocks had previously surged after Google parent Alphabet (GOOGL) announced a chip breakthrough in early December [2] Stock Performance - IonQ stock dropped 10.75%, Rigetti stock and Quantum Computing stock fell 12.9%, and D-Wave Quantum stock declined 14.1% following Huang's remarks [3] - Google stock remained relatively unchanged during the same period [3]