Nvidia CEO Huang Says He Was Wrong About Timeline For Quantum

Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years. From a report: At Nvidia's 'Quantum Day' event, part of the company's annual GTC Conference, Huang admitted that his comments came out wrong. 'This is the first event in history where a company CEO invites all of the guests to explain why he was wrong,' Huang said.

In January, Huang sent quantum computing stocks reeling when he said 15 years was 'on the early side' in considering how long it would be before the technology would be useful. He said at the time that 20 years was a timeframe that 'a whole bunch of us would believe.' In his opening comments on Thursday, Huang drew comparisons between pre-revenue quantum companies and Nvidia's early days. He said it took over 20 years for Nvidia to build out its software and hardware business.

He also expressed surprise that his comments were able to move markets, and joked he didn't know that certain quantum computing companies were publicly traded. 'How could a quantum computer company be public?' Huang said.

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