Nvidia’s stock price surged after its CEO announced a shift in the company’s stance on investing in quantum computing. Just last year, the CEO had dismissed quantum computing as speculative technology with an uncertain future.
However, in a recent update, it appears that Nvidia has changed its tune. The updated announcement suggests that the company is now committed to exploring and investing in this emerging field. This shift in stance could have significant implications for the tech industry and Nvidia’s stock price.
Source: https://www.barrons.com/articles/rigetti-stock-price-quantunm-computing-nvidia-ceo-d-wave-ionq-6801c669