The same stocks rallied earlier this week after Microsoft unveiled an initiative meant to familiarize business leaders with quantum systems.

Quantum computing stocks took a dive Wednesday after investors' perceptions about the outlook for the sector were dramatically corrected. Valuations in the nascent space had been

D-Wave Quantum Inc. partners with Carahsoft to distribute quantum computing solutions to Public Sector via reseller network and procurement contracts.

The stocks were slammed last week, when Nvidia’s CEO said it would take decades for the technology to become “very useful.”

Last year, investors poured into artificial intelligence (AI) stocks, and the biggest players -- from Nvidia (NASDAQ: NVDA) to Amazon -- helped the general market soar. The S&P 500, the Dow Jones Industrial Average,