Shares of Nvidia Corp. (NVDA) were in focus on Wednesday after the chip designer announced “Quantum Day” at the upcoming GPU Technology Conference (GTC 2025). Nvidia share price gained over 2.7% in morning trade.

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.

Don't believe the hype? GPU maker jumps on the bandwagon anyway A week after Nvidia chief Jensen Huang demolished the market valuations of listed quantum computing brands by saying the technology is 20 years away from being useful,

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.