NVIDIA Corp. (NASDAQ:NVDA) has announced its inaugural Quantum Day, set to take place on Mar. 20 during the GTC 2025 event. The announcement comes just days after CEO Jensen Huang stated that practical quantum computing may still be two decades away.

Shares of Rigetti Computing (NASDAQ: RGTI) climbed 7% as NVIDIA (NASDAQ: NASDAQ:NVDA) announced plans to host its first Quantum (NASDAQ:QMCO) Day at the GPU Technology Conference (GTC) 2025, sparking enthusiasm in the quantum computing sector.

Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.

Following the announcement of the Quantum Day, planned to take place on March 20, 2025, during its annual GTC conference, NVIDIA ( NVDA, Financials) shares climbed 2.14% to $134.58 as of 10:40 a.m. ET on Tuesday. The seminar will center on developments in quantum computing and possible uses for it in several sectors.