Rigetti (RGTI) Soars 26.98% with Quantum Breakthrough

by MarketNewsData

Rigetti Computing (RGTI) jumped 26.98% today trading at $16.15 after unveiling a major milestone in quantum computing.

🧠 What’s Driving the Surge

  • Rigetti introduced a new 36-qubit system built from four 9-qubit chiplets—the largest multi-chip quantum computer to date.
  • The system achieved 99.5% two-qubit gate fidelity, a significant improvement that halves the error rate from its previous hardware.

🔧 Why This Matters

  • The chiplet architecture shows Rigetti can scale quantum systems more efficiently, a key step toward practical quantum applications.
  • Faster gate operations and lower errors bring Rigetti closer to commercial viability.

📅 What’s Next

  • The new system will be available August 15.
  • A 100+ qubit version is scheduled by end of 2025, with the same high fidelity target.

Rigetti’s announcement is marks a major milestone toward commercial quantum computing. The company has delivered on scale, fidelity, and launch timing. However, while it brings quantum computing closer to commercial reality, real-world adoption and revenue confirmation are still in early stages.

More Live News