
Quantum computing stocks sank on January 8, pausing a year-long rally, after Nvidia (NVDA.O) CEO Jensen Huang said the technology’s practical use was likely two decades away.
The long wait outlined by Huang for “very useful quantum computers” throws cold water on a sector that was already expected to spend millions more on the technology, which can only perform niche calculations so far.
“If you kind of said 15 years…