Quantum computing stocks have been losing ever since Nvidia chief executive Jensen Huang said widespread applications of quantum computing are still decades away. But investors are rewarding these companies once again on Wednesday after Microsoft Corp (NASDAQ: MSFT) made a statement that starkly differs from Huang’s view on quantum computing.

The drop in stocks came after Nvidia CEO Jensen Huang's Q&A with analysts at CES in Las Vegas. When answering a question about the future of quantum computing, he said the timeline may be between 15 and 30 years until there is "very useful" quantum computers. This is the relevant quote from Huang:

Jensen Huang’s comments at last week’s CES about quantum computing being decades away stirred up discussion within the quantum industry.

D-Wave Quantum Inc. (NYSE:QBTS)’s stock is up over 24% at market open. The news of its partnership with Carahsoft Technology is sending the stock higher. The partnership involves accelerating the adoption of quantum computers and their solutions at both the government and public sector levels.

Nvidia CEO Jensen Huang's sobering assessment of quantum computing's timeline sent the space into a tailspin last week. During a question-and-answer session with analysts, Huang suggested that useful quantum computers were likely 15 to 30 years away.