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Quantum computing stocks tank as Nvidia CEO Jensen Huang predicts the tech won't be viable for another 20 years — stocks fell more than 40% for a total market value loss of over $8 billion
Quantum computing stocks tanked by over 40% after Huang's statement
According to Reuters, Jensen Huang claimed on Tuesday, "If you kind of said 15 years... that'd probably be on the early side. The Nvidia CEO's far-away viability claim on quantum computing comes as the technology has reached an inflection point in functionality and effectiveness. Last month, China unveiled the fastest quantum computer the country has built, featuring 504 qubits of performance.
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