Nvidia (NVDA.US) will host its inaugural quantum day at the 2025 GTC conference, where CEO Jensen Huang will delve into quantum-related topics.

NVIDIA NVDA.US announced that it will host its first quantum day at the GTC conference, which takes place from March 17 to 21. The company stated in a post on its website that CEO Jensen Huang will discuss a wide range of quantum-related topics, including "what is possible and available now in quantum computing, and where quantum technology is headed."

NVIDIA also said it will discuss the latest quantum computing news, as well as "progress in shortening the time to useful applications." The company added that representatives from D-Wave Quantum QBTS.US, IonQ IONQ.US, Rigetti Computing RGTI.US and several other quantum computing companies will be in attendance.

As of writing, quantum computing stocks were up Wednesday premarket, with Rigetti Computing up more than 13%, D-Wave Quantum up more than 25%, Quantum Computing QUBT.US up more than 17%, Arqit Quantum ARQQ.US up more than 20%, and IonQ up more than 10%.

On the news, B.Riley Securities maintained its "buy" rating on Rigetti Computing and D-Wave Quantum, raising its price targets to $8.50 and $9.00, respectively, citing encouraging technological advancements and growing commercial potential. Analyst Craig Ellis noted that despite concerns about the challenges of scaling the technology and the timing of profitability, the field still has strong long-term growth reasons driven by advances in quantum systems, growing commercial applications, and increasing government interest.

Notably, on the evening of January 7, Huang said in response to an analyst's question that a "very useful" quantum computer may be decades away. Huang said: "If you say there will be a very useful quantum computer in 15 years, it may be too early. If you say 30 years, it may be too pessimistic; if you say 20 years, I think many of us will believe it." Huang's comments weighed on quantum computing stocks on January 8.