Rigetti Computing, Inc. (NASDAQ:RGTI) surged to a new all-time high on Friday, climbing 13.16% to $40.06 amid growing investor optimism for quantum computing stocks. The company recently secured $5.7 million in new orders for its Novera computing system, with delivery set for the first half of 2026 from two undisclosed companies, one in Asia and one in California. RGTI stated that the Asian firm will use the system to develop quantum computing expertise, while the California startup will focus on quantum hardware and error correction research. The Novera system will aid research on qubits, control systems, design optimization, gate characterization, decoherence mitigation, and quantum algorithm efficiency.

Read more at Yahoo Finance: Rigetti Computing (RGTI) Jumps to New High on Growing Optimism for Quantum Computers