By John Bromels, The Motley Fool
Publication Date: 2026-05-04 20:59:00
A year ago, quantum computing start-ups were pretty miffed at Nvidia (NASDAQ: NVDA) CEO Jensen Huang — and for good reason.
At the Consumer Electronics Show in January 2025, Huang commented that he thought we were probably 15 to 30 years away from “very useful quantum computers.” In response, the share prices of quantum start-ups crashed. IonQ‘s (NYSE: IONQ) stock price plunged 39% in just one day, while Rigetti Computing (NASDAQ: RGTI) tumbled 45%.
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D-Wave Quantum (NYSE: QBTS) CEO Alan Baratz fired back on LinkedIn: “Jensen Huang has a misunderstanding of quantum … [his] comments are just the latest in a string of misinformation.” But even he seemed reluctant to fully alienate the powerful tech titan, and he closed with this surprisingly prophetic statement:
There is massive potential for AI and quantum to work together in advancing the limitations of today’s classical computing capabilities. We welcome the opportunity to partner with companies like NVIDIA in exploring what’s possible when QPUs and GPUs come together.
This year, though, it seems like Baratz’s wish came true, as Nvidia made an announcement that will change the quantum computing landscape forever. Here’s why shareholders of quantum start-ups like IonQ, Rigetti, and…