The entire QuantumComputingstock industry took a massive hit on Wednesday as NVIDIA CEO, Jensen Huang, made comments about the industry during the company’s investor day. Juang commented that ...
Sometimes, it just takes a little momentum for a stock market narrative to start. This is precisely what happened with quantum computing stocks in late 2024. Stocks like Rigetti (NASDAQ ...
The model was developed by the Chinese AI startup DeepSeek, which claims that R1 matches or even surpasses OpenAI’s ChatGPT o1 on multiple key benchmarks but operates at a fraction of the cost.
All three stocks have been soaring since early November. The rally started in the days after the presidential election, which coincided with earnings reports from QuantumComputing and IonQ.
Rigetti, a top superconducting-qubit pioneer, traded at ~250 P/S, far exceeding rational valuations despite potential 50%+ annual revenue growth. Stock plummeted ~50% after NVIDIA’s CEO stressed ...