Nvidia CEO Jensen Huang offered a quantum-level climb-down on Thursday, after spooking quantum-computing companies earlier this year with his assessment that their efforts wouldn’t be “very useful” for 15 to 30 years.

Nvidia (NVDA) hosted its first ever Quantum Day, an event to explore how quantum technology could impact industries. It featured a panel discussion led by CEO Jensen Huang, alongside executives from leading quantum computing companies like Atom Computing,

However, at a time when Nvidia is trading at a substantial discount to its all-time high on concerns about macroeconomic growth, questions about the impact from DeepSeek, and some doubts about the return on investment from AI spending, Huang gave a key forecast that should reassure investors in Nvidia and the rest of the AI sector.

GTC, Nvidia’s biggest conference of the year, starts this week in San Jose. We're on the ground covering all the major developments. CEO Jensen Huang will give a keynote address focusing on — what else?