Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years.

Nvidia CEO Jensen Huang tried to fix a mess he started. It didn’t work. His attempt to walk back his old comments about quantum computing ended up dragging down the same stocks he wanted to help.

Nvidia's Quantum Day gave quantum computing companies a shot at the spotlight. However, without any big announcements from the firms, investors mostly used the event as a chance to sell the recently high-flying stocks.

In theory, a quantum computer could perform calculations vastly more quickly than today’s conventional computers.

The chipmaker NVIDIA held its annual conference in Silicon Valley this week. Among the major announcements: it chose Boston to be the site of its first-ever research center for quantum computing, opening later this year.

Nvidia will open a quantum computing research lab in Boston, where it plans to collaborate with scientists from Harvard University and the Massachusetts Institute of Technology, Nvidia CEO Jensen Huang said on Thursday.

AI agents will soon work behind the scenes to manage just about everything digital in business and personal lives. Nvidia is creating the architectures that drive them.

Nvidia (NVDA) showcased its latest artificial intelligence (AI) innovations at its GTC 2025 event this week in San Jose. The chip maker continues to position itself at the forefront of artificial intelligence development amid intensifying global competition.