Quantum computing stocks fall following Zuckerberg comments
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Quantum computing-related stocks, including Rigetti Computing (RGTI), Quantum Computing (QUBT), and D-Wave Quantum (QBTS), plunge after Meta (META) CEO Mark Zuckerberg said practical applications for the tech are far away.
"I'm not really an expert on quantum computing, but my understanding is that's still quite a ways off from being a very useful paradigm," Zuckerberg said on the Joe Rogan Podcast.
Quantum computing stocks are extending losses from last week when Nvidia (NVDA) CEO Jensen Huang made a similar point that useful applications are likely decades away.
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