Quantum computing technology is at an inflection point, Nvidia CEO Jensen Huang reiterated on Wednesday at the VivaTech conference in Paris. Quantum calculations could crack problems that currently would demand years of processing from Nvidia's most advanced AI systems.

Quantum stocks rose in premarket trading on Wednesday after Nvidia (NASDAQ:NVDA) CEO Jensen Huang made some bullish comments on the industry and said it is now at an “inflection point.” “Quantum computing is reaching an inflection point,

CEO Jensen Huang said quantum computing is at an inflection point, sparking a premarket rally in quantum stocks after he highlighted Nvidia's Cuda Q service and suggested qubit-based systems will tackle real-world challenges in the coming years.