Could Rigetti Computing Be the Next Nvidia?
From Yahoo Finance: 2025-05-17 18:31:00
Rigetti Computing is gaining attention in the quantum computing movement, with its stock price rising significantly. However, financial data shows the company has room to grow. Nvidia’s success with AI highlights the importance of a strong product-market fit, which Rigetti may lack in the quantum computing space. The market for quantum computing is projected to reach $131 billion in the next 15 years, attracting investors despite the challenges faced by companies like Rigetti. While the potential for quantum computing is high, Rigetti’s financial profile raises concerns with low sales and high losses. The comparison between Rigetti and Nvidia suggests caution in investing in the former due to speculative nature and lack of established product-market fit. The significant drawdown in Rigetti’s stock price is expected in the future, making it a risky investment compared to established players in the AI space. The Motley Fool Stock Advisor team does not include Rigetti Computing in its top 10 stock picks, citing potential for monster returns with other companies. The long-term growth prospects for Rigetti are uncertain, leading to skepticism about its ability to compete with industry giants like Nvidia in the quantum computing arena.
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