{"id":894385,"date":"2025-01-09T11:34:53","date_gmt":"2025-01-09T06:04:53","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=894385"},"modified":"2025-01-09T11:34:53","modified_gmt":"2025-01-09T06:04:53","slug":"how-nvidia-ceo-jensen-huangs-one-sentence-wiped-out-8-billion-in-market-cap-of-quantum-computing-companies","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/09\/how-nvidia-ceo-jensen-huangs-one-sentence-wiped-out-8-billion-in-market-cap-of-quantum-computing-companies\/","title":{"rendered":"How Nvidia CEO Jensen Huang&#8217;s one sentence wiped out $8 billion in market cap of quantum computing companies"},"content":{"rendered":"<p>Nvidia CEO Jensen Huang\u2019s single comment about the future of quantum computing triggered a massive selloff on Wednesday (January 8), wiping out approximately $8 billion in market value from quantum computing companies.<\/p>\n<p>Major quantum computing players bore the brunt of the selloff. IonQ shares plummeted more than 40%, while Rigetti Computing crashed by over 45%. D-Wave saw its shares sink 36%, though the stock remains up about 600% over the past year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia CEO Jensen Huang\u2019s single comment about the future of quantum computing triggered a massive selloff on Wednesday (January 8), wiping out approximately $8 billion in market value from quantum computing companies. Major quantum computing players bore the brunt of the selloff. IonQ shares plummeted more than 40%, while Rigetti Computing crashed by over 45%. D-Wave saw its shares sink 36%, though the stock remains up about 600% over the past year.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-894385","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/894385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=894385"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/894385\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=894385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=894385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=894385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}