Shares of several quantum computing firms advanced in premarket trading Wednesday after Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his belief that quantum technology is nearing a critical turning point.
Speaking at the VivaTech conference in Paris, Huang’s remarks sparked renewed optimism throughout the quantum computing industry.
Quantum Computing Inc. led the gains with a 7.3% increase, followed by IonQ rising 3.55%, Rigetti Computing up 3.9%, Arqit Quantum gaining 2.7%, and D-Wave Quantum edging up 1.6%.
Huang highlighted the potential of quantum computing to solve complex problems that would otherwise require years to process, even with Nvidia’s cutting-edge AI capabilities. He predicted that quantum systems would begin addressing “some interesting problems” in the near future.
His comments echoed similar views shared at Nvidia’s developer conference in March, where he also unveiled a new quantum research initiative based in Boston, developed in collaboration with scientists from Harvard and MIT.
This marks a notable shift from his statements in January, when he estimated practical quantum computing was still 20 years away. Now, Huang is signaling a significantly shorter timeline for real-world applications.
