AI should serve as a key tailwind for all the Magnificent Seven stocks. Some of them could be winners in quantum computing as well, notably including Amazon, Microsoft, and Nvidia. Amazon, Nvidia, and Tesla are focusing on the robotaxi market in different ways.

Rigetti (RGTI) is dropping 23%, while IonQ (IONQ) is giving back 10% and D-Wave Quantum (QBTS), which disclosed today that it may sell more shares of its stock, is plunging nearly 30%. The sector is dropping sharply again after Meta (META) CEO Mark Zuckerberg suggested that quantum computing would not be “practical” for a long time.

Shares of Quantum Computing are on the rise as the artificial intelligence (AI) narrative continues to gain steam.

Quantum computing stocks collapsed in the early part of January, thanks in part to comments from the CEO of Nvidia. The companies have promising technology, but it is still many years away from commercialization.

After being pummeled to losses of 50% to 60% in the span of just a few days, quantum computing stocks surged higher on Tuesday with Rigetti Computing (NASDAQ:RGTI) rocketing 48% higher. Despite several tech CEOs saying the technology is still years away from practicality,

Quantum computing stocks showed slight recovery in aftermarket trading Monday, following significant declines during the session. Shares of Quantum Computing Inc, Rigetti Computing Inc, QuantumSi Inc,