Shares of quantum computing and artificial intelligence companies saw a rise as the GTC AI conference kicked off. Investors are closely watching NVIDIA's (NVDA, Financial) CEO Jensen Huang's keynote address for insights into the latest advancements in AI and the chip sector.
The conference will cover quantum computing, which has led to several stocks in this sector seeing gains. D-Wave Quantum (QBTS) rose by 8%, Quantum Corp (QMCO) by 25%, and Quantum Computing (QUBT) by 16%.
Other AI-related stocks also experienced volatility with upward movement, notably SES AI (SES) which surged more than 30%, and Dell Technologies (DELL) which gained 2%.