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Benzinga
Benzinga
Business
Chandrima Sanyal

HISTORICAL FACTS: Nvidia just went quantum and etfs are scrambling to catch up | History Defined

Nvidia Corporation

Nvidia Corp. (NASDAQ:NVDA) has made a big leap into quantum computing with its involvement in a $600 million funding round for Quantinuum, a majority Honeywell International Inc. (NASDAQ:HON)-owned quantum technology company.

The funding round, which puts Quantinuum at around a $10 billion valuation, also involves investments from JPMorgan Chase & Co. (NYSE:JPM), Mitsui & Co. (OTCPK: MITSF), Amgen Inc. (NASDAQ:AMGN), and various venture capital firms, according to Bloomberg.

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