Future of Quantum Computers: Nvidia Sees Itself as the Ideal Partner

In a groundbreaking analyst event, Huang introduces the exciting future of quantum computers, discussing that the introduction of "very useful quantum computers" is expected within a timeframe of 15 to 30 years. He emphasizes that a period of 15 years would be considered optimistic, while 30 years is seen as more pessimistic. An estimate of 20 years seems to be a realistic consensus among experts. Nvidia is highlighted as the ideal partner for the quantum computing industry. Huang stresses that a classical computer is needed to efficiently perform error corrections in quantum computers. These classical machines must be the most powerful that humanity can build, positioning Nvidia uniquely to meet this need. The stock market promptly reacted to these forward-looking projections. D-Wave Quantum recorded a decline of 33%, while the stocks of Rigetti, IonQ, and Quantum fell by about 40%. The Defiance Quantum (QTUM) ETF, which includes these companies alongside other chip and technology firms like Nvidia, also had to accept a decline of 4.5%. This downward trend followed an impressive bull market at the end of 2024, fueled by the introduction of a quantum computing chip named Willow by Alphabet, which was celebrated as a significant breakthrough.