Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.

Stocks of quantum computing companies jumped Wednesday after Microsoft declared this as “the year to become quantum-ready,” adding “we are at the advent of the reliable quantum computing era.” Shares of Rigetti Computing and D-Wave Quantum were both up more than 22 percent.

Quantum computing stocks have been losing ever since Nvidia chief executive Jensen Huang said widespread applications of quantum computing are still decades away. But investors are rewarding these companies once again on Wednesday after Microsoft Corp (NASDAQ: MSFT) made a statement that starkly differs from Huang’s view on quantum computing.

Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers are decades away.

Quantum Computing stock is only $11, but does that mean it's a good value? For the last few months, a technology known as quantum computing has started receiving a lot of attention. As is often the case when new subject matter enters the spotlight,

Quantum computing is still early, experts say. Finding early stock winners is easier than crunching calculations.

Quantum computing stocks continued rallying Wednesday after quantum-related announcements from both Nvidia (NVDA) and Microsoft (MSFT).