US Stock Market Move | Huang Renxun said that quantum computers may still require several decades to be realized, and related concept stocks collectively fell.

22:42 08/01/2025

On Wednesday, the concept stocks of quantum computing collectively fell, with Quantum Computing (QUBT.US) dropping more than 34%, Rigetti Computing (RGTI.US) falling 30%, Qunton (QMCO.US) dropping more than 26%, and WiMi Hologram Cloud (WIMI.US) falling over 22%.

On Wednesday, the concept stocks of quantum computing collectively fell, with Quantum Computing (QUBT.US) dropping over 34%, Rigetti Computing (RGTI.US) dropping 30%, Kun Peng (QMCO.US) dropping over 26%, and WiMi Hologram Cloud Inc. ADR Class B (WIMI.US) dropping more than 22%. In terms of news, NVIDIA Corporation (NVDA.US) CEO Huang Renxun stated that it may take several decades before a "very useful" quantum computer can be achieved. Huang Renxun said, "If you say a very useful quantum computer can be manufactured within 15 years, that may be too early. If you say 30 years, it may already be too late. If you say 20 years, I think many of us would believe that."

Giant Network Group (002558.SZ) earned 1.706 billion yuan in revenue in the third quarter, with strong potential for profit release in the future.

GF Securities: MRDIMM and CXL increase AI server memory. It is recommended to pay attention to core beneficiaries in the industry chain.

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Giant Network Group (002558.SZ) earned 1.706 billion yuan in revenue in the third quarter, with strong potential for profit release in the future.

GF Securities: MRDIMM and CXL increase AI server memory. It is recommended to pay attention to core beneficiaries in the industry chain.