CEO Jensen Huang speaks, best believe investors listen. And traders that have been speculating in the red-hot quantum computing stock space are listening to what Huang just said at CES - and they aren’t liking it one bit.

Defiance Quantum ETF returned 60.4% over the last year through Jan. 3 -- just over double the S&P 500 Index's 28.1% return.

Quantum computing has received some recent investing interest over the past month thanks to Google's breakthrough in its Willow quantum computing chip. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is a much larger business with investments in quantum computing,

Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away. The long wait outlined by Huang for "very useful quantum computers" throws cold water on a sector that was already expected to spend millions more on the technology,

The shares of IonQ Inc. and other companies linked to quantum computing tumbled in extended trading on Tuesday after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.

Shares in the ultra-hot quantum computing sector plunged on Wednesday after Nvidia's CEO said useful quantum computers were decades away. Why it matters: Quantum computing stocks have been on a ferocious run,

Quantum computing companies have surged recently but Nvidia CEO Jensen Huang had a disappointing message for the sector.

Wave Quantum and Quantum Computing plunged early Wednesday after Nvidia CEO Jensen Huang said Tuesday night that the technology won't be "very useful" for 15-30 years.Please watch the video at Investors.