Nvidia CEO says quantum computing is reaching “an inflection point” and Rigetti Computing stock is up slightly — but down 37% in 2025. Should you buy?
Nvidia CEO Jensen Huang at Paris' Porte de Versailles: Quantum Computing's Inflection Point? Image shows Huang arriving at a roundtable discussion at the Dome de Paris on June 11, 2025
Nvidia CEO Jensen Huang is now a quantum computing booster after a March conversion.
Rigetti Computing Stock: Up Slightly, Down 37% in 2025 Despite 970% June 2024 Surge. Is it a Buy? Nvidia CEO's bullish quantum computing outlook fuels investor interest, but Rigetti's recent earnings raise concerns
Rigetti Computing stock: Buy or sell? Despite a recent surge and Nvidia CEO Jensen Huang's bullish prediction of a quantum computing inflection point, Rigetti's latest earnings report doesn't justify a bullish investment. While the long-term potential of quantum computing remains significant, investors should carefully consider this mixed signal before buying Rigetti stock
Quantum computing's long-term potential is huge, as highlighted in a June 10th interview with MIT expert Jonathan Ruane. This burgeoning field, using super-cooled metals for unprecedented computational power, is attracting significant investor interest, despite recent market volatility in quantum computing stocks like Rigetti
Quantum computing — which uses super-cooled metal to power more calculations per circuit than classical computing can perform — is capturing the attention of investors.
Quantum computing stocks surged Wednesday, with publicly traded companies like Rigetti, IonQ, and D-Wave experiencing significant gains before a market reversal. This surge followed Nvidia CEO Jensen Huang's announcement that quantum computing is reaching an inflection point, highlighting the growing investor interest in this emerging technology. While Rigetti's stock, for example, is down 37% year-to-date (2025), the potential for long-term growth remains significant
The reason? “Quantum computing is reaching an inflection point,” Nvidia CEO Jensen Huang told a crowd at Nvidia GTC Paris Wednesday, reported Yahoo! Finance. “We are within reach” of using quantum computers for “areas that can solve some interesting problems in the coming years,” Huang added.
Jensen Huang's endorsement of quantum computing carries significant weight in the industry. His recent comments at Nvidia GTC Paris, declaring the field's arrival at an inflection point, sparked immediate investor interest, mirroring the old adage: "When Jensen Huang talks, people listen
Rigetti Computing: Is this heavily traded quantum computing stock a buy despite a 37% 2025 decline and disappointing Q1 2025 earnings? Nvidia CEO Jensen Huang's bullish outlook on quantum computing creates intrigue, but should investors heed the warning signs?
Yet if prognosticators such as MIT Lecturer John Ruane are correct, the future of quantum computing could be very bright if certain problems are solved in the next five to ten years, he told me in a June 10 interview.
Rigetti Computing: A Quantum Leap Ahead? Despite a 37% stock decline in 2025, Rigetti CEO Subodh Kulkarni forecasts significant commercial viability within four to five years, mirroring Nvidia CEO Jensen Huang's prediction of an inflection point for quantum computing. Is this the right time to invest in Rigetti stock? The future of quantum computing looks bright, but current earnings may not support a bullish outlook
Nvidia CEO Jensen Huang highlights quantum computing's inflection point, predicting a massive market exceeding $100 billion. He emphasizes the current focus on technological advancements and milestone achievements to unlock this future potential, making sales and earnings per share (EPS) increasingly crucial as the market matures
Huang’s views on QC have evolved significantly this year. He went from saying in January QC could be 15 to 30 years away from offering practical solutions to business problems, noted Investopedia, to seeing QC at an inflection point on June 11.
Nvidia CEO Jensen Huang's March investment in a Boston-based research center underscores his belief in quantum computing's potential, a pivotal move discussed in my March Forbes article. This investment highlights the growing industry excitement around quantum computing's inflection point
At the moment, QC is based on fragile hardware and error rates that are unacceptably high for most practical applications. Classical computers rely on linear algebra, noted Yahoo! Finance.
QCs, however, have far more processing capability because they apply quantum mechanics and advanced mathematics — making them amenable to solving problems in “cybersecurity, cryptography, and chemistry,” reported Yahoo! Finance.
Jensen Huang's bullish Wednesday comments on quantum computing's inflection point may have been spurred by IBM's June 10th announcement of a planned 2029 launch of a large-scale, error-free quantum computer, as reported by IEEE Spectrum
Google released a quantum computing chip called Willow in December, saying the technology “paves the way to a useful, large-scale quantum computer,” noted Yahoo! Finance. While Amazon and Microsoft announced two quantum chips in February.
Compared to these recent announcements, Huang’s remarks were relatively content free.
Meanwhile, Rigetti seems to have relatively little capital compared to these tech giants. What’s more, the company says it is years away from being little more than a technology researcher hoping for a breakthrough from which the company can generate revenues.
Rigetti Computing's Q1 2025 earnings disappoint: Revenue of $1.5 million missed expectations by over 42%, and EPS of $0.13 fell short by 89% (Google Finance). Despite industry optimism fueled by Nvidia CEO Jensen Huang's comments on quantum computing's inflection point, Rigetti stock, down 37% in 2025, presents a complex investment case
Rigetti’s net profit was less then met the eye in the first quarter. The company reported a $42.6 million profit, “driven mainly by non-cash gains tied to financial instruments,” noted Quantum Insider. As Rigetti ramped up utility-scale quantum systems, the company revealed a $21.6 million operating loss.
One thing helping Rigetti is the 970% increase in the company’s stock price in the last year. The company has wisely capitalized on that increase to sell $350 million in common stock — boosting its cash balance to about $570 million, according to Investing.com.
This cash injection could provide Rigetti Computing with crucial financial stability for the next 4-5 years, bridging the gap until anticipated revenue growth materializes
Quantum computing's potential for business is reaching an inflection point, according to MIT expert Jonathan Ruane. Recent breakthroughs in science and engineering are driving increased value for business leaders, as highlighted in a June 10th interview. This aligns with Nvidia CEO Jensen Huang's assessment that quantum computing is poised for significant growth, impacting the stock performance of companies like Rigetti Computing, IonQ, and D-Wave
“Better error correction algorithms will make QC less expensive and more consistent. Better performance will increase QC’s commercial viability. Google’s Willow chip showed big improvements in error correction,” he added.
Different technical experts must collaborate for QC to solve real world business problems well. “Engineering larger systems — including the chip and the surrounding infrastructure — that work together can improve QC’s value to business,” he explained.
“Google and IBM will operate across a range of innovations to build powerful hardware platforms. Software startups will develop technology which venture capitalists will find amenable.”
Ecosystems will be essential if the U.S. wants to lead the world in QC. “Universities like MIT and Harvard will collaborate with large companies and startups to build ecosystems,” Ruane told me.
Nvidia's quantum computing investment, exemplified by its Boston-based Accelerated Quantum Research Center, highlights the industry's growing momentum. The proposed "quantum sandbox" act (May 2025) further underscores this, aiming to foster robust quantum computing ecosystems
Problems with hardware and algorithms will need to be solved before achieving quantum advantage — where quantum surpasses classical computing. “QC has the potential to make pharmaceutical development more efficient. This is not certain. There is a need to focus on hardware and algorithms. MIT and Harvard have algorithm developers like Aram Harrow,” he explained.
It remains to be seen which problems will be more amenable to QC than classical computing. “It is unclear whether QC will help make large language models easier to train and operate. Who could know what AI would end up doing?”
He does not envision a handheld QC. “There will never be a day when every person can have their own quantum computer — due to the physics. The use cases of QC are also unclear. QC may be operating more like supercomputers in hybrid clouds with classical computers. Everybody could end up using QC through apps powered by the hybrid cloud.”
Business leaders will need new skills to take advantage of QC. Executives must “learn how to reimagine solutions to previously unsolvable business problems using QC. This could be in areas such as logistics where a company is trying to optimize its supply chain.”
If quantum advantage is near, will Rigetti be able to capitalize on it — or will IBM, Nvidia, Amazon, Google, and Microsoft get the lion’s share?
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