Quantum computing was one of the hot trends of the past few months as stocks have doubled or more following Alphabet's (NASDAQ: GOOG) Willow announcement. Investors looking for any way to play the quantum computing space have pushed microcap stocks into the stratosphere.

The gains came after Nvidia CEO Jensen Huang triggered a selloff in quantum computing stocks earlier this week with his remarks about the technology’s development.

As with any Discovery Stock, investors are looking to the price and the potential of the stock, not the fundamentals. As it stands now, IonQ has the benefit of round numbered support from the $30 price. Shares recently saw support at $40 on their ascent and then resistance at $50, displaying the effect of round-numbered prices.

Quantum computing stocks took a dive Wednesday after investors' perceptions about the outlook for the sector were dramatically corrected. Valuations in the nascent space had been

Huang’s comments “offer a realistic perspective rather than diminishing the immense potential of quantum computing,” said Tigay. Quantum computers harness quantum mechanics

Rigetti Computing is at the forefront of the quantum computing industry, but the company has a speculative stock valuation.

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.

CEO Jensen Huang had some thoughts to share about the state of quantum computing, a forward-thinking innovation that may eventually surpass artificial intelligence (AI) in hype. While he views quantum computers as “very useful,

Rigetti Computing (RGTI) is an integrated full-stack quantum computing company that focuses on designing and developing quantum chips. It was the first company to develop a multi-chip quantum processor.

Google made its Willow chip announcements, Rigetti announced that it had entered into a partnership with Quantum Machines to use artificial intelligence to automate

The carnage in quantum computing stocks Wednesday saw shares of Rigetti Computing (NASDAQ:RGTI), Quantum Computing (NASDAQ:QUBT), and IonQ (NASDAQ:IONQ) plunge 40% or more. Comments made by Nvidia (NASDAQ:NVDA) CEO Jensen Huang that the sector won’t see viability for another two decades gutted these former high-flying stocks.