Shares of Nvidia Corp. (NVDA) were in focus on Wednesday after the chip designer announced “Quantum Day” at the upcoming GPU Technology Conference (GTC 2025). Nvidia share price gained over 2.7% in morning trade.

Never one to be outdone in the marketing hype stakes, Microsoft also proclaimed 2025 as "the year to become quantum ready," claiming the industry is on the cusp of an era of reliable quantum computing, making this "a critical and catalyzing time for business leaders to act."

Following the announcement of the Quantum Day, planned to take place on March 20, 2025, during its annual GTC conference, NVIDIA ( NVDA, Financials) shares climbed 2.14% to $134.58 as of 10:40 a.m. ET on Tuesday. The seminar will center on developments in quantum computing and possible uses for it in several sectors.