Mark Zuckerberg, co-founder and CEO of Meta Platforms, took a cautious stance on the practical application of quantum computers, leading to significant declines in related stocks.
On the 10th, Zuckerberg appeared on the United States' largest podcast, "The Joe Rogan Experience," noting that "there is still a long way to go before quantum computer technology becomes practically useful," and it could take decades for the practical application of quantum computers.
This statement followed predictions by NVIDIA CEO Jensen Huang that the practical application of quantum computers might not be possible for at least 15 to 30 years, negatively impacting investor sentiment. Quantum computer-related stocks, which surged last year, have experienced consecutive crashes this year.
At the end of last year, Google, under Alphabet, raised expectations by addressing the key challenge of inherent instability in quantum computers. However, Zuckerberg's cautious remarks and recent pressure from rising interest rates have cooled the related market.
On the 13th (local time), quantum computer stocks experienced declines of 10 to 20%. Rigetti, which climbed 1,449% last year, has seen its stock price drop more than half this year, falling 55%. Quantum Computing has also plunged 58% this year after surging 1,712% last year. IonQ, which gained attention after signing a contract with the Ministry of National Defense, has also dropped more than 30% this year.