Quantum computing stocks have been on fire over the past few months, but that all changed on Wednesday after Nvidia (NASDAQ: NVDA) CEO Jensen Huang said it will be 15 to 30 years before quantum computing is “very useful.” In the video below, Travis Hoium shows why the drop in stocks may continue.
*Stock prices used were end-of-day prices of Jan. 8, 2025. The video was published on Jan. 8, 2025.
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
