Rigetti Computing, Inc. (NASDAQ:RGTI) saw a 7.73% increase in share prices on Thursday, closing at $16.58 per share. This growth comes as investors anticipate benefits from potential Fed rate cuts, with the quantum computing industry, including RGTI, poised to benefit from lower borrowing costs.

Rigetti Computing, Inc. (NASDAQ:RGTI) recently partnered with Montana State University to advance quantum computing research. The collaboration will focus on research projects related to quantum hardware and hybrid systems, workforce development, and testing of enabling technologies. This move highlights RGTI’s commitment to innovation and growth in the quantum computing sector.

Read more at Yahoo Finance: Rigetti Computing (RGTI) Up Anew on Fed Rate Cut Signals