Quantum Computing (NASDAQ:QUBT) has been one of the best quantum computing stocks to buy with shares soaring 2,620% over the past three months. The promise of the nascent computer technology went stratospheric after Alphabet's (NASDAQ:GOOG)(NASDAQ:GOOGL) Google suggested it was much further along on its path toward real-world applications than

We recently compiled a list of the 10 Best Quantum Computing Stocks to Buy for 2025. In this article, we are going to take a look at where Quantum Computing Inc. (NASDAQ:QUBT) stands against the other quantum computing stocks.

Quantum Computing Inc. (NASDAQ:QUBT) shares are trading lower in the premarket session on Wednesday. The company announced a private placement offering of 8.16 million shares of common stock at $12.25 per share.

Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away. The long wait outlined by Huang for "very useful quantum computers" throws cold water on a sector that was already expected to spend millions more on the technology,

Quantum computing stocks are having a tumultuous week, but one fund manager says investors should focus on the long game when it comes to the sector. Earlier this week, quantum computing stocks broadly slid after Nvidia CEO Jensen Huang said “very useful quantum computers” were decades away.

The carnage in quantum computing stocks Wednesday saw shares of Rigetti Computing (NASDAQ:RGTI), Quantum Computing (NASDAQ:QUBT), and IonQ (NASDAQ:IONQ) plunge 40% or more. Comments made by Nvidia (NASDAQ:NVDA) CEO Jensen Huang that the sector won't see viability for another two decades gutted these former high-flying stocks.

Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.