Quantum stocks took a massive hit on Wednesday, based on Jensen Huang's comments that the tech is 15-30 years away. But did Jensen unintentionally bring more attention, scrutiny and perhaps momentum to the industry? Let's examine.

With over 100k views so far, check out D-Wave CEO Alan Baratz responding to Jensen.

https://www.youtube.com/watch?v=8qDJOIpWKk4&t

Takeaways from this:

• He disagrees with Jensen

• Has current commercial clients (e.g. Mastercard)

• Basically saying his company will beat earnings and guidance in the next quarter [bullish!!]

Now take a look at these analysts using this as a buying opportunity:

https://www.thestreet.com/investing/stocks/veteran-analyst-who-was-early-to-quantum-computing-revamps-outlook-after-stocks-get-clobbered

https://www.youtube.com/watch?v=WG2TqJT5rJI

Now take a look at this analyst saying the tech is here within 5 years and Jensen's comments are self-serving

https://www.investors.com/news/technology/quantum-computing-ionq-stock-nvidia-nvda-huang/

Today at CES, there was a whole panel of Quantum. If anyone has any information, transcripts, etc. from those conversations i'm particularly intersted in what MSFT, IONQ and IBM representatives said in response to Jensen's comments.

My prediction

I have incomplete information. I think the CES conversations that happened today are really important to connect dots here. I think there is potentially market manipulation at play here. I would slightly lean to favor a rebound for all quantum stocks tomorrow - but i'm uncertain about performance beyond.

Thoughts?

EDIT:: HOLY SHIT THE UPDATE OF ALL UDPATES

Will Rich just got back from CES and posted his video, I'm ULTRA BULLISH on quantum from here.
https://old.reddit.com/r/WallStreetbetsELITE/comments/1hxtsex/jensen_is_wrong_massive_rebound_for_quantum/