Rigetti Computing (RGTI) saw shares surge 15% after reports of government interest in equity stakes in quantum technology companies, although the Trump administration denied negotiations. Despite the spike, RGTI stock remains down 30% from recent highs. The interest from Washington signals the strategic importance of quantum computing, potentially attracting more institutional investment. Rigetti, with $500 million in cash, strong partnerships, and technological advancements, remains a solid long-term investment. Wall Street analysts forecast significant upside for RGTI shares, with a consensus “Strong Buy” rating and price targets up to $50.

Read more at Barchart: Trump Wants to Invest in Quantum Computing Stocks. Should You Buy Rigetti Computing Here?