We recently compiled a list of the 10 Best Quantum Computing Stocks to Buy for 2025. In this article, we are going to take a look at where Quantum Computing Inc. (NASDAQ:QUBT) stands against the other quantum computing stocks.

CEO Jensen Huang commented that quantum computing is 15 – 30 years away before it is commercially viable. The executive, who sells graphics cards (or GPUs), expectedly, is bearish on CPUs. The comment,

Quantum Computing Inc. (NASDAQ:QUBT) shares are trading lower in the premarket session on Wednesday. The company announced a private placement offering of 8.16 million shares of common stock at $12.25 per share.

The shares of IonQ Inc. and other companies linked to quantum computing tumbled in extended trading on Tuesday after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.

Nvidia stock was looking to find its footing on Wednesday after economic data prompted a Big Tech selloff the previous day. Nvidia stock tumbled 6.2% in the previous session, wiping out about $200 billion worth of market capitalization.

Quantum computing companies have surged recently but Nvidia CEO Jensen Huang had a disappointing message for the sector.