Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.

Rigetti Computing shows promise but is risky due to high short interest. Find out why RGTI stock may be suitable for short-term gains but needs careful timing.

CEO Jensen Huang lit the entire quantum computing sector on fire last night after saying the technology won’t be “very useful” for at least 15 years and maybe as many as 30 years. He may as well have poured gasoline on the industry and thrown in a lit match.

Therefore, Huang's prediction that quantum computers won't go mainstream for 15 to 30 years sounds reasonable. It took Nvidia about two decades for its gaming and professional vis

Shares of Rigetti Computing are down 18% Monday morning. Nvidia CEO Jensen Huang's recent comments raised doubts about the near-term viability of quantum computing.

Quantum Computing didn't have any news of its own to report, but the company is even smaller than D-Wave, with less than $1 million in revenue over the last four quarters. Its stock has soared even higher than D-Wave's over the last year, a disconnect that could lead to a continued decline in Quantum Computing's shares.

CEO Subodh Kulkarni had a message for investors. “It’s still not the time to talk about sales and sales growth because we are still very much in the technology development mode,” he told Yahoo. “We have to get the technology perfected before we can start seeing real material

The explosive move in Rigetti Computing's (RGTI) stock has its CEO cautioning investors that it will take time for the company to post sustainable sales growth and profits. "Particularly because of the hype that is going on in the quantum computing space and some erroneous statements are being made,