Quantum computing has been an up-and-down investment theme over the past few months. The rage kicked off when Alphabet ( GOOG 1.16%) ( GOOGL 1.13%) announced a breakthrough with its Willow quantum computing chip, and any stock associated with quantum computing rose on the news of the announcement.

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

Quantum computing has the potential of being the next big innovation. At the right size and the right price, it might even be investable.

Quantum computing stocks have seen quite a run-up in recent months, but determining which companies are leading the charge can be tough to navigate.

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

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.

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.

CEO Mark Zuckerberg’s recent comments about quantum computing’s timeline sent shockwaves through the industry’s pure-play stocks. But for investors with a sizeable risk appetite, the selloff in quantum computing names like Quantum Computing (QUBT),

Quantum computing stocks are soaring higher, thereby tempting investors to chase a potential million-dollar opportunity.