Jensen Huang Bullish on Quantum Computing! Remark Triggers Surge in Quantum Concept Stocks

TradingKey – On Wednesday, Nvidia CEO Jensen Huang shifted from his previously cautious stance on quantum computing, declaring that "quantum computing is at a turning point." This statement catalyzed a surge in related stocks.

In the U.S. stock market, Quantum Computing Inc. (QUBT) soared 25.38% on Wednesday and continued to rise approximately 4% in pre-market trading on Thursday. Rigetti Computing (RGTI) closed up 11.39% on Wednesday.

On Thursday, in the A-share market, Guochuang Software closed up 6.42%, with Suzhou Keda Technology, QuantumCTek, and Accelink Technologies also experiencing modest gains. In South Korea, Axgate closed up 4.19%, while in Japan, Fixstars rose 4.11% and Socionext gained 1.56%. These companies are involved in the development and production of quantum computing hardware and software.

During his speech at the GTC Paris 2025 on Wednesday, Huang noted that quantum computing is reaching a critical juncture and could be applied to solve intriguing problems in the coming years.

Earlier this year in January, Huang had predicted that practical applications of quantum computers were still about 20 years away, a statement that led to a decline in related companies' stock prices. He has since retracted and apologized for his earlier remarks.

Huang revealed that Nvidia's chips will support quantum computing, with the Grace Hopper Blackwell 200 chips featuring the CUDA-Q software toolkit. Quantum algorithm stacks can be accelerated on the Blackwell 200, enabling quantum systems to become "more robust, high-performance, and resilient" quickly.

At the conference, Huang emphasized deep collaboration with Europe. Nvidia plans to partner with global quantum computing companies in various ways, such as collaborating with French AI firm Mistral to establish a vast AI cloud and working with companies like Schneider Electric to digitally design and operate future AI factories. He stated that they have established AI technology centers in seven countries to foster local ecosystem development and collaborative research.

Morgan Stanley analyst Joseph Moore commented that Huang's stance on quantum computing appears somewhat more positive.

Additionally, other tech giants are also investing in this field. Google unveiled its latest quantum chip, Willow, last year, while IBM plans to develop fully fault-tolerant quantum systems in the coming years.