AINewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Sparks Rally in Quantum Stocks After Declaring “Inflection Point”
NVIDIA (NASDAQ: NVDA) ignited a surge in quantum computing stocks after CEO Jensen Huang declared the industry had reached an “inflection point,” reversing prior skepticism about near-term applications. Speaking at the VivaTech conference, Huang said NVIDIA’s Cuda-Q platform is now enabling practical quantum-classical hybrid solutions in fields like chemistry and finance. The announcement boosted investor confidence in the space, sending shares of Quantum Computing Inc. (NASDAQ: QUBT), IonQ Inc. (NASDAQ: IONQ), Rigetti Computing Inc. (NASDAQ: RGTI), D-Wave Quantum Inc. (NYSE: QBTS), and Arqit Quantum Inc. (NASDAQ: ARQQ) notably higher in trading. As of the most recent session, NVIDIA shares (NASDAQ:…