Jensen Huang backpedals on remarks that sent quantum computing stocks spiraling

In context: Nvidia CEO Jensen Huang recently said that "real" quantum computers would need a few more years, or even decades, to appear on the market. His comments hurt quantum-related stocks, so now he wants a do-over. Jensen Huang didn't expect his doubts about the immediate commercial viability of quantum computers to affect Wall Street-listed companies so drastically. As part of Nvidia's recent "Quantum Day" event, the Taiwanese businessman and engineer invited guests to explain why his negative remarks were wrong. Earlier this year, Huang said that a practical quantum computer would not be available for purchase for another 15 to 30 years, with 20 years being a more optimistic timeframe. On Thursday, he corrected his statement, saying that quantum computing has the potential to change everything. The technology is still incredibly complex to deliver, though. Huang compared "pre-revenue" quantum companies to Nvidia, which needed more than 20 years to build a proper hardware and ... Read full article.