D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday.

Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away. The long wait outlined by Huang for "very useful quantum computers" throws cold water on a sector that was already expected to spend millions more on the technology,

CEO Alan Baratz wants to correct the record after comments from Nvidia boss Jensen Huang appeared to dramatically impact share prices for D-Wave and other companies. Nvidia CEO Jensen Huang may have thrown cold water on the quantum computing sector this week,

Throughout the current AI boom, quantum computing companies have quietly been making advancements, offering previews as to what the next phase of technology could look like. Huang

Quantum stocks started falling during afternoon trading on Friday, despite an uptick earlier in the day. Quantum Computing (NASDAQ:QUBT) shares were down 7%, Rigetti (NASDAQ:RGTI) -4.5%, Aqrqit Quantum (NASDAQ:ARQQ) -9% and D-Wave Quantum (NYSE:QBTS) -1%.

D-Wave Quantum’s CEO Alan Baratz recently took aim at Nvidia’s Jensen Huang, declaring him “dead wrong” regarding the timeline for quantum computers to achieve commercial viability. Huang, during a conference,

Quantum computing stocks plummet after NVIDIA's CEO states practical quantum computers are 15-30 years away, impacting investor sentiment.

CEO Jensen Huang triggered a sell-off in quantum computing stocks on Wednesday, D-Wave Quantum, Inc. ($QBTS) CEO Alan Baratz talked up the industry’s prospects in an interview with CNBC. Releasing excerpts of the interview on Thursday,