Many quantum computing stocks exploded in value last year as investors hoped to get ahead of the crowd in what could be a transformational wave of new technology. Excitement grew

Several stocks across the quantum computing industry fell sharply Wednesday after Nvidia CEO Jensen Huang said the technology is likely still years away.

Alphabet subsidiary Google recently announced two major technical achievements with its Willow quantum computing chip. In response to the news, shares of Rigetti Computing (NASDAQ: RGTI) and D-Wave Quantum (NYSE: QBTS) during the next three weeks advanced 280% and 110%,

Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.

Though investors saw this as disappointing, there is some reassuring news. Quantum computing is progressing, meaning these companies will likely report accomplishments and milestones in the months and years to come -- and these represent catalysts for quantum computer stocks to climb.

Quantum stocks rallied Wednesday, a day after Microsoft called 2025 "the year to become quantum-ready," mitigating a string of recent losses spurred by high-profile bearish comments on the sector.

Quantum computing stocks rebounded Tuesday after a massive sell-off fueled by Big Tech CEOs expressing skepticism. The stocks recovered as D-Wave CEO Alan Barrett said quantum computing is "real."

Long relegated to science fiction, quantum computing seems to finally becoming a reality, and Wall Street has taken notice. What makes quantum computing so powerful is the use of “qubits.” Qubits are special because they can represent 0,