The quantum computing rally came to an abrupt end on Wednesday following comments from Nvidia CEO Jensen Huang. During a question-and-answer session with analysts, Huang put forth a more pessimistic view of the quantum computing timeline:

The Nvidia boss unveiled a new AI platform at CES called Cosmos, which aims to give robots and autonomous cars endless real-world scenarios to study.

AI models that take inspiration from the mental models of the world that humans develop naturally. At CES 2025 in Las Vegas, the company announced that it is making openly available a family of world models that can predict and generate "physics-aware" videos. Nvidia is calling this family Cosmos World Foundation Models, or Cosmos WFMs for short.

Nvidia CEO Jensen Huang used his CES 2025 keynote to unveil the company’s next generation of GPUs and declare the rise of "Agentic AI"—a shift he says will create a multi-trillion-dollar industry and redefine how people work.

The stock had risen to a new all-time high of $149.43 a share on Monday but Huang failed to deliver short-term promises to investors on the firm’s artificial intelligence and robotics

Huang’s hotly anticipated speech brought mention that Micron is providing memory for new Blackwell gaming chips.

Nvidia CEO Jensen Huang will deliver the opening keynote at the CES on Monday, with many analysts viewing the event as a potential growth catalyst for the chipmaking giant.

"We still see CES as a positive catalyst, re-asserting NVDA's platform dominance/opportunity in high-growth markets," Bank of America said.

LAS VEGAS — In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him. He watched as a dark-haired woman walked through ornate gilded double doors and took in the rays of light that poured in through stained glass windows.

In a tour de force CES keynote, NVIDIA CEO Jensen Huang explored the multi-trillion dollar opportunities with the ongoing evolution of AI.

Small quantum computing stocks dived this week after Nvidia (NVDA) CEO Jensen Huang made clear to investors what they should have already known. Talking to analysts at the CES convention in Las Vegas on Tuesday, the executive said that "very simple quantum computers" could still be 20-years away.