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Nvidia CEO Signals Quantum Computing Inflection Point as Stocks Surge

IonQ’s $1.1 billion takeover of Oxford Ionics underscores the drive toward practical quantum computing

Jensen Huang, CEO of Nvidia, speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. REUTERS/Gonzalo Fuentes
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Overview

  • At GTC Paris, Jensen Huang announced that quantum computing is reaching an inflection point and will tackle real-world problems within years
  • Shares in Quantum Computing Inc., Rigetti Computing and IonQ rose about 12%, 7% and 5% respectively in premarket trading following Huang’s keynote
  • IonQ’s acquisition of Oxford Ionics for $1.1 billion marks a major consolidation move that highlights growing investor confidence
  • Nvidia promoted its hybrid quantum-classical Cuda Q platform and said its Grace Blackwell 200 chip will accelerate the company’s full quantum algorithm stack
  • Industry advances such as Google’s Willow quantum chip breakthrough in error correction are seen as critical steps toward reliable, large-scale quantum systems