Nvidia CEO Jensen Huang predicts practical quantum computing is two decades away, impacting industry stocks

Nvidia CEO Jensen Huang stated that practical quantum computing is likely two decades away, causing a sharp decline in quantum computing stocks. His comments followed a surge in interest after Alphabet's announcement of its Willow quantum chip, which showed improved performance. While Huang's timeline contrasts with the recent optimism in the sector, D-Wave Quantum's CEO disagreed, claiming their technology is ready for deployment. However, D-Wave's revenue has dropped significantly, indicating challenges in the market. Investors are advised to consider established companies like Alphabet for exposure to quantum computing, rather than focusing solely on high-risk quantum stocks. Traditional computing remains a safer investment, especially amid the ongoing growth in artificial intelligence.