Advances like these lead me to believe that useful quantum computing is inevitable and increasingly imminent. And that’s good news, because the hope is that they will be able to perform calculations that no amount of AI or classical computation could ever achieve.
A move above the stock’s 20-day moving average at $13.20 will result in a technical buy signal that targets Rigetti’s next 33% rally to $17.50 followed by another 15% move higher to the stock’s recent highs at $20.
Nvidia’s CEO, Jensen Huang, believes quantum computing is 20 years away from being “very useful”That seems a very pessimistic outlook A new IDTechEx report
Quantum computing has been an up-and-down investment theme over the past few months. The rage kicked off when Alphabet ( GOOG 1.16%) ( GOOGL 1.13%) announced a breakthrough with its Willow quantum computing chip, and any stock associated with quantum computing rose on the news of the announcement.
Quantum computing is drawing more attention now than generative AI did before ChatGPT’s release. This sparks big questions about what QC could achieve in 2025.
Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.
The model was developed by the Chinese AI startup DeepSeek, which claims that R1 matches or even surpasses OpenAI’s ChatGPT o1 on multiple key benchmarks but operates at a fraction of the cost.
Recently, Nvidia (NASDAQ: NVDA) CEO Jensen Huang made a head-turning, market-moving comment regarding his thoughts on quantum computing. Stocks in this space sold off in response. Even so ...
In a recent episode of Trader Talk, Sylvia Jablonski, CEO and CIO of Defiance ETFs, pushed back against Nvidia CEO Jensen Huang’s claim that quantum computing is still 15 to 30 years away. Huang’s statement,
Google's new Willow quantum chip has broken new ground in an important random circuit sampling ... [+] benchmark, an important development in Google's roadmap for fault-tolerant quantum computing.
NVIDIA continues to fuel the AI stock rally in 2024. Our analysis shows that may be the case for the foreseeable future.