The enthusiasm for quantum computing stocks is decreasing as Zuckerberg becomes the latest tech CEO to express caution.

• On Monday, quantum computing stocks experienced a decline following Mark Zuckerberg's warning that practical applications for these advanced computers may not be realized for several years.
• Nvidia CEO Jensen Huang recently suggested that computers may be 15 to 30 years away from achieving true artificial intelligence.

On Monday, quantum computing stocks experienced a decline following Mark Zuckerberg's warning that practical applications for these advanced computers may not be realized for several years.

"He stated on Joe Rogan's podcast that he is not an expert on quantum computing, but his understanding is that it is still far from being a practical paradigm. He added that many people believe the technology is likely to be "a decade plus out.""

Quantum computing stocks have sold off after a promising 2024, following Alphabet's Willow chip announcement. The news reinforced recent commentary from Nvidia CEO Jensen Huang that suggested that computers capable of quantum computing are likely 15 to 30 years away.

On Monday, the stock market slumped more than 9%, while last week's losses contributed to a further 20% decline.

In 2024, Rigetti and D-Wave shares experienced significant growth, with Rigetti experiencing a 1,449% increase and D-Wave experiencing an 854% increase. This growth was fueled by investor interest in the technology as the next big thing in the field of artificial intelligence.

While proponents argue that quantum computers can handle more complex computations and process vast amounts of data, investors caution that practical applications may not yet be feasible.