Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.

Though investors saw this as disappointing, there is some reassuring news. Quantum computing is progressing, meaning these companies will likely report accomplishments and milestones in the months and years to come -- and these represent catalysts for quantum computer stocks to climb.

Quantum computing stocks landed on investors' radars late last year when Alphabet announced a huge breakthrough with one of its quantum computing chips. This caused a marketwide rally in quantum computing stocks,

Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers are decades away.

Quantum computing stocks were red-hot recently, but Jensen Huang just offered optimistic investors a reality check.

Quantum computing has suddenly become a buzzword on Wall Street. Ever since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported that it hit a new milestone with Willow, its new quantum chip, quantum stocks have been soaring.