Jensen Huang’s comments at last week’s CES about quantum computing being decades away stirred up discussion within the quantum industry.

Baratz says there are many approaches to quantum computing, and he speculates Huang is focusing on just one of them. “I think the problem we have is that Jensen is only really f

Nvidia CEO Jensen Huang claims quantum computing is decades away, but is it really? The quantum era isn’t decades away — it’s unfolding in real-time.

Therefore, Huang's prediction that quantum computers won't go mainstream for 15 to 30 years sounds reasonable. It took Nvidia about two decades for its gaming and professional visualization graphics processing units (GPUs) to evolve into AI accelerators for data centers.

Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers are decades away.

Quantum Computing didn't have any news of its own to report, but the company is even smaller than D-Wave, with less than $1 million in revenue over the last four quarters. Its stock has soared even higher than D-Wave's over the last year, a disconnect that could lead to a continued decline in Quantum Computing's shares.

Huang’s statements resulted in many quantum computing stocks, some of which experts have been bullish on, descending into a free fall. These included Quantum Computing, ( QUBT) D-Wave Systems ( QBTS) , and Rigetti Computing ( RGTI) .

Jensen Huang, Nvidia CEO, is set to make stops across China, visiting major cities. This as the Biden administration introduces new curbs on sales of the companies AI chips abroad. Bloomberg's Peter Elstrom joins Caroline Hyde and Mike Shepard on "Bloomberg Technology" to discuss.