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, CEO Jensen Huang said on Thursday.

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

Jensen Huang hosted a “Quantum Day” during GTC, Nvidia’s annual developers conference, where experts shed light on quantum-computing progression. The Nvidia CEO said quantum computers will solve problems more important than just faster food deliveries and more powerful spreadsheets.

Jensen Huang didn't expect his doubts about the immediate commercial viability of quantum computers to affect Wall Street-listed companies so drastically. As part of Nvidia's recent

Jensen Huang caused quantum computing stocks to crash after saying he believed quantum technology wouldn’t be very useful for the next 15 to 30 years. Huang is now making amends by launching Nvidia’s first Quantum Day,

Nvidia hosted its first quantum computing day at GTC 2025, ushering major announcements from companies advancing the burgeoning technology.

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.

Quantum computing stocks tumbled on Thursday, even as Nvidia (NASDAQ:NVDA) held its first-ever Quantum Day at its annual GTC event. Leading the way down was D-Wave Quantum (NYSE:QBTS), which fell 18.5% in late afternoon trading.