Quantum Computing Inc. (QUBT) saw its stock soar 5.06% in pre-market trading on Thursday, following a wave of optimism in the quantum computing sector sparked by Nvidia CEO Jensen Huang's remarks at the GTC Paris developer conference.
During his keynote speech, Huang declared that "Quantum computing is reaching an inflection point," expressing a more bullish view on the technology's near-term potential. He stated that we are "within reach" of applying quantum computers to solve interesting problems "in the coming years." This represents a significant shift from his previous, more conservative stance on the timeline for practical quantum computing applications.
The enthusiasm generated by Huang's comments had a broad impact on quantum computing stocks. On Wednesday, QUBT had already jumped 25%, alongside gains in other companies in the sector. The pre-market movement on Thursday suggests that investors continue to react positively to the potential growth and opportunities in quantum computing, as highlighted by one of the tech industry's most influential leaders.
