{"id":16139,"date":"2025-03-21T20:00:25","date_gmt":"2025-03-21T20:00:25","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/03\/21\/nvidia-ceo-says-he-was-wrong-about-timeline-for-quantum-surprised-his-comments-hurt-stocks\/"},"modified":"2025-03-21T20:00:25","modified_gmt":"2025-03-21T20:00:25","slug":"nvidia-ceo-says-he-was-wrong-about-timeline-for-quantum-surprised-his-comments-hurt-stocks","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/03\/21\/nvidia-ceo-says-he-was-wrong-about-timeline-for-quantum-surprised-his-comments-hurt-stocks\/","title":{"rendered":"Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks"},"content":{"rendered":"<p class=\"body-graf\">Nvidia\u00a0CEO 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.<\/p>\n<p class=\"body-graf\">At Nvidia\u2019s \u201cQuantum Day\u201d event, part of the company\u2019s annual GTC Conference, Huang admitted that his comments came out wrong.<\/p>\n<div><\/div>\n<p class=\"body-graf\">\u201cThis is the first event in history where a company CEO invites all of the guests to explain why he was wrong,\u201d Huang said.<\/p>\n<p class=\"body-graf\">In January, Huang\u00a0sent quantum computing stocks reeling\u00a0when he said 15 years was \u201con the early side\u201d 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 \u201ca whole bunch of us would believe.\u201d<\/p>\n<p class=\"body-graf\">In his opening comments on Thursday, Huang drew comparisons between pre-revenue quantum companies and Nvidia\u2019s early days. He said it took over 20 years for Nvidia to build out its software and hardware business.<\/p>\n<p class=\"body-graf\">He also expressed surprise that his comments were able to move markets, and joked he didn\u2019t know that certain quantum computing companies were publicly traded.<\/p>\n<p class=\"body-graf\">\u201cHow could a quantum computer company be public?\u201d Huang said.<\/p>\n<p class=\"body-graf\">The event included panels with representatives from 12 quantum companies and startups. It represents a truce of sorts between Nvidia, which makes more traditional computers, and the quantum computing industry. Several quantum execs fired back at Nvidia after Huang\u2019s earlier comments.<\/p>\n<p class=\"body-graf\">A third panel included representatives from\u00a0Microsoft\u00a0and\u00a0Amazon\u00a0Web Services, which are also investing in quantum technology and are among Nvidia\u2019s most important customers.<\/p>\n<p class=\"body-graf\">Nvidia has another reason to embrace quantum. As quantum computers are being built, much of the research on them is done through simulators on powerful computers, like those that Nvidia sells.<\/p>\n<p class=\"body-graf\">It\u2019s also possible that a quantum computer would require a traditional computer to operate it. Nvidia is working to provide the technology and software to integrate graphics processing units (GPUs) and quantum chips.<\/p>\n<p class=\"body-graf\">\u201cOf course, quantum computing has the potential and all of our hopes that it will deliver extraordinary impact,\u201d Huang said on Thursday. \u201cBut the technology is insanely complicated.\u201d<\/p>\n<p class=\"body-graf\">Nvidia said\u00a0this week\u00a0that it will build a research center in Boston to allow quantum companies to collaborate with researchers at Harvard and the Massachusetts Institute of Technology. The center will include several racks of the company\u2019s Blackwell AI servers.<\/p>\n<p class=\"body-graf\">Quantum computing has been a dream of physicists and mathematicians since the 1980s, when California Institute of Technology professor Richard Feynman first proposed the idea behind a quantum computer.<\/p>\n<p class=\"body-graf\">While classical computers use bits that are either 0 or 1, the bits inside a quantum computer \u2014 qubits \u2014 end up being on or off based on probability. Experts predict that the technology will be able to solve problems with massive amounts of possible solutions, such as deciphering codes, routing deliveries or simulating chemistry or weather.<\/p>\n<p class=\"body-graf\">No quantum computer has\u00a0yet beat a computer\u00a0at solving a real, useful problem. But Google claimed\u00a0late last year\u00a0that it discovered a way to do error correction.<\/p>\n<p class=\"body-graf\">One question at the panel centered around whether quantum computing might one day threaten companies like Nvidia that make computers based on transistors.<\/p>\n<p class=\"body-graf\">\u201cA long time ago, somebody asked me, \u2018So what\u2019s accelerated computing good for?\u2019\u201d Huang said at the panel. Accelerated computing is a phrase he uses to refer to the kind of GPU computers that Nvidia makes.<\/p>\n<p class=\"body-graf\">\u201cI said, a long time ago, because I was wrong, this is going to replace computers,\u201d he said. \u201cThis is going to be the way computing is done, and and everything, everything is going to be better. And it turned out I was wrong.\u201d<\/p>\n<\/p>\n<div>This post appeared first on NBC NEWS<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia\u00a0CEO 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. At Nvidia\u2019s \u201cQuantum Day\u201d event, part of the company\u2019s annual GTC Conference, Huang admitted that his comments came out wrong. \u201cThis is the first event [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":16140,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/16139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=16139"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/16139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/16140"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=16139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=16139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=16139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}