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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 22/01/2025 16:38

Quantum stocks shed $11 bln on Nvidia warning

Quantum computing stocks have been on a wild ride over the past few months. Yet, this optimism faded as 2025 began, with the Nvidia CEO’s pessimistic market projections sending shockwaves through the sector and causing the largest players to lose billions in stock value. In late 2024, their prices skyrocketed, driven by the surging demand for generative AI applications and breakthroughs, such as Google’s revolutionary chip, capable of solving complex problems at lightning speed. However, according to data compiled by AltIndex.com, the combined stock value of the five largest quantum computing stocks plummeted by nearly $11 bln in just nine

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