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Stock impact report

Nvidia CEO says he was surprised that publicly held quantum firms exist [Fortune]

IonQ, Inc. (IONQ) 
Company Research Source: Fortune
“My first reaction was, I didn't know they were public. How can a quantum company be public?” Huang said at an event Thursday focused on the still-nascent technology. The executive had said in January that “very useful” quantum computers are probably decades away, causing shares of IonQ Inc. and other companies to tumble. Thursday's event — part of Nvidia's weeklong GTC conference — invited some of those very companies on stage to discuss their prospects with Huang. The quantum-computing industry aims to use the unique properties of subatomic particles to process data much faster than traditional semiconductor-based electronics. The technical difficulties of building practical systems have meant that the field is still in an experimen Read more
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