Zuckerberg Reacts, Quantum Stocks Drop (Communities - News & Events)

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Zuckerberg Reacts, Quantum Stocks Drop


Following earlier remarks during CES 2025 by Nvidia CEO Jensen Huang, which triggered massive declines in market capitalization, investor skepticism was further amplified by Mark Zuckerberg’s comments on quantum computing timelines that resulted in huge share price drops for D-Wave Quantum and Rigetti Computing.

The prediction of quantum computing by Facebook founder Mark Zuckerberg just adds a show of skepticism amongst investors causing several quantum computing companies to see a notable dip in share prices.

“I’m not an expert on quantum computing my understanding is that’s ry useful paradigm,” Zuckerberg said still quite a ways off from being a podcast episode with Joe Rogan.

D-Wave Quantum and Rigetti Computing saw shares plummet to more than 25 percent on Monday, falling 30 percent and 27 percent, respectively. Shares in Quantum Computing fell by 23 percent, while shares for IonQ were down about 12 percent. Visit sites --https://voiceofentrepreneur.life/

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Last Update : 20 January 2025 10:30 AM
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2025-01-23 (0.392 sec)