Remember when Jensen Huang basically told everyone to chill out about quantum computing? Yeah, that was January. Fast forward to now, and the Nvidia CEO is practically doing backflips over quantum stocks. Talk about a plot twist worthy of a Netflix series.
Here’s the tea: Back in January, Huang was the ultimate quantum buzzkill, saying we were “at least 15 to 20 years away” from useful quantum computers. Ouch. But by June? Complete 180. Suddenly quantum computing was “reaching an inflection point” and we’re “within reach” of solving real problems. Either someone slipped something in his morning coffee, or he knows something we don’t.
Spoiler alert: He definitely knows something we don’t.
Nvidia just became the first company to hit $5 trillion in market cap (yes, trillion with a T), and now Huang is throwing that weight behind quantum computing like he’s trying to create the next AI boom. And honestly? It’s working.
The NVQLink Game Changer
This week, Nvidia dropped NVQLink – think of it as the ultimate wingman for quantum computers. It’s a “high-speed interconnect” that lets quantum processors buddy up with supercomputers. Huang called it the “Rosetta Stone” connecting quantum and classical computing, which is either brilliant marketing or he’s genuinely excited about decoding the future of computing. Probably both.
But here’s my favorite Huang quote from the announcement: “When I say quantum, the stock prices go up, so quantum quantum quantum!” The man literally said “quantum” three times like he’s summoning stock gains. You’ve got to respect the honesty.
Two Stocks to Watch
So which quantum darlings are getting the Nvidia love? Rigetti Computing (RGTI) and IonQ (IONQ) are both official Nvidia partners, and both have been on a wild ride.
Here’s the thing though – both stocks have pulled back 25-30% from their mid-October highs. Classic “buy the rumor, sell the news” behavior, except the news keeps getting better. With Nvidia’s $5 trillion war chest now backing quantum computing, this pullback might be your chance to get in before the next leg up.
Look, I’m not saying quantum computing will replace your morning coffee routine tomorrow. But when the guy who basically created the AI gold rush starts putting serious money and tech behind quantum computing, it’s worth paying attention.
The percentage gains from here might not match what we’ve already seen, but multibagger returns? Still very much on the table. Especially when you’ve got Jensen Huang essentially becoming quantum computing’s biggest cheerleader.
Just remember: in a world where saying “quantum” three times can move markets, maybe it’s time to take quantum computing seriously. Your portfolio might thank you later.