Market X-ray: while I did call for NVDA and tech to sell-off starting Day 2 of Las Vegas CES; Jensen's remark sped it up. The high price of it and Quantum shares (in a bloodbath at the moment), was the reward for previous buyers; not an indication to get in. I've been saying that for some time.
Huang knows Quantum is the future... he was thus 'talking his book' by attacking QPU's.. So at the moment I suspect this drama results in Quantum stabilizing and eventually trending up again after washing out trader vs. investor types. Could be dramatic down-then-up in-front of the Inauguration.
P.S. Summary on particularly RGTI and QBTS products: they're already at the stage of Hybrid Quantum-Classical Systems. Hence Quantum is being utilized to improve AI development. Also Modeling and Inference of AI is in the works using solely QPUs like ones RGTI makes. Hence Quantum Speeds-up AlTraining and Inference. Finally, what I can see logically taking the most time is full Integration in Al Workflows utilizing solely quantum technologies. Hence it is that supercomputers will be obsolete many years out; but applications using QPU's starts now.
Again; Jensen talking his book because the highest-end is his biggest customer. That plus training AI (and vice-versa) is almost 'now'. Jensen and his media shill need Quantum suppressed so Nvidia has a longer runway.. or so big firms can buy into Quantum cheaply again.
I can't say I'd be surprised if Quantum(s) purge and then surge; but just might. It’s a process to watch and not pontificate on. By the way the Jobless Claims data suggests no rate hikes many feared; so that issue vanished. But drama today. A lot of money instantly lost; and a lot of money likely subsequently gained on the move after the carnage. Caveat emptor was previously warned about chasing; soon it will be not to miss the boat next time, after the dust settles.
Jensen’s future relies on Quantum vanishing.. the United States designated 2025 Quantum Year. Quantum is ‘Made in USA’ by the tickers in-question; Nvidia is ‘Made in Taiwan’. Only. TSMC looses dominance as American QPU arrives. Media should ponder who wins by trying to sabotage Quantum, as QPU can help the Nation to the next level; in-time beyond any GPU capability.