Nvidia (NVDA, Financial) CEO Jensen Huang said quantum computing is at an “inflection point,” sparking a premarket rally in quantum stocks after he highlighted Nvidia's Cuda Q service and suggested qubit-based systems will tackle real-world challenges “in the coming years.”
At GTC Paris, Huang said the industry has moved from distant promise to practical reach, noting that “we're within grasp of using quantum computers to solve some interesting problems.” His bullish tone reversed a January warning that quantum use cases lay two decades away—a stance he revised at March's Quantum Day event.
Investors bid up IonQ (IONQ, Financial) 3.6%, Quantum Computing (QUBT, Financial) 8.3%, D-Wave Quantum (QBTS, Financial) 2.7%, Arqit Quantum (ARQQ, Financial) 2.7% and Rigetti Computing (RGTI, Financial) 4.5% on expectations that partnerships like Nvidia's recent collaboration with IonQ, AWS and AstraZeneca on a quantum-accelerated chemistry workflow will accelerate commercialization.
Huang emphasized that Cuda Q's integration with qubit hardware and GPU acceleration will help hybrid quantum-classical models deliver speedups beyond classical limits, driving enterprise adoption across pharmaceuticals, finance and logistics. He reiterated Nvidia's roadmap for expanded quantum services on its AI Cloud, aiming to democratize access to QPUs through Amazon Braket and other platforms.
Why It Matters: Huang's pivot to optimism on quantum signals that the sector may be nearing commercially viable applications, potentially unlocking a multibillion-dollar market for hardware, software and cloud services.
