Alphabet ( GOOGL -2.65%) ( GOOG -2.71%), Google's parent company, has been invested in quantum computing for years, but it recently made an advancement that positioned it as a standout company in the space. Alphabet introduced Willow, a new quantum computing processor it believes is a big step forward.

Shares of quantum computing companies wavered on Thursday after jumping yesterday on renewed investor interest in the nascent technology. Quantum computing stocks like Rigetti (RGTI), Quantum Computing (QUBT),

When Jensen Huang’s comments about useful quantum computing being at least 15 years away tanked most of the quantum stocks, one person must have secretly chuckled.