After Jensen Huang, now Mark Zuckerberg doubts quantum computing's future; stocks tank big time

The future of quantum computing and its related company stocks are currently lying in a gray area in the first fortnight of 2025, with Meta CEO Mark Zuckerberg joining Nvidia's Jensen Huang in casting concerns about the future and sustainability of the technology. During a recent interview on the Joe Rogan podcast, Meta CEO Mark Zuckerberg quite clearly echoed Nvidia chief executive Jensen Huang’s concerns that quantum computing’s potential is a “decade plus out,” according to a Quartz report.

Meta CEO Mark Zuckerberg behind quantum computing stocks dive

As soon as Meta CEO Mark Zuckerberg casted his doubts on quantum computing's future, the stocks of companies that are related with research and analysis into this technology began showing a sharp dive at the US stock market. Meanwhile, AI stocks are doing relatively well at Wall Street, with the likes of Nvidia, Apple and Meta being some of the top choices for US investors.

Is quantum computing's future in the dark?

According to Zuckerberg, quantum computing is still quite a 'ways off from being a very useful paradigm'. And his statements have been received in a rather interesting manner by US investors, who are shying away from stocks like D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) for starters. These companies are deeply invested into quantum computing technology and have shown a by around 30% and 27% respectively.

FAQs:

Is Mark Zuckerberg the richest man on the planet?
No, as of now Zuckerberg is the third-richest man on the planet, with Elon Musk being the leader of this pack as the richest billionaire.

Why is quantum computing stock prices falling?
Quantum computing stocks have suddenly taken a sudden dive in recent days owing to the fact that the future of the technology is being doubted upon by tech leaders.