Quantum computing stocks are plunging again after another major tech leader cast doubts on the technology’s usefulness in the near future.

Quantum computing holds the potential to radically transform the world. Nvidia CEO Jensen Huang and Meta Platforms CEO Mark Zuckerberg recently poured cold water on some of the hype surrounding quantum computing.

Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang are off to a flying start in 2025 as excitement about AI sent their companies' stocks even higher.

Quantum computing stocks sold off Monday after Meta Platforms CEO Mark Zuckerberg cautioned that quantum computing use remains years away.

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.

Quantum stocks rallied Wednesday, a day after Microsoft called 2025 "the year to become quantum-ready," mitigating a string of recent losses spurred by high-profile bearish comments on the sector.

A day after quantum computing stocks took it on the chin again after Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg cast doubts on the sector’s viability in the near term, they are rising sharply once more.

Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.

Shares of Rigetti Computing ( RGTI, Financial) slumped more than 30% on Monday after Meta Platforms ( META, Financial) CEO Mark Zuckerberg said practical applications of quantum computing are years away. Private equity firms are hoping that Trump 2.0 makes it easier for them access to something they have long wanted: your 401 (k).

Shares of Rigetti Computing are trading higher by 24.8% during Tuesday's session. The stock is rebounding after recent remarks by Jensen Huang and Mark Zuckerberg that cast doubt on quantum computing's timeline.

Quantum computing stocks are plunging again after another major tech leader cast doubts on the technology’s usefulness in the near future.