Rigetti Computing (NASDAQ: RGTI) has seen a rise in stock value, but its technology lacks accuracy, with a two-qubit gate fidelity of just 99.5%. Missing out on a government program and delaying its new quantum system further highlight the accuracy issues. Despite being known for speed, accuracy remains a challenge for Rigetti compared to competitor IonQ (NYSE: IONQ), which boasts a 99.99% fidelity rate. Recommendations from sell-side analysts offer some support, but Rigetti’s accuracy struggles and recent setbacks suggest it may be behind in the quantum computing race. Investors may want to steer clear of this stock.

Read more at Nasdaq: Here’s Why I Wouldn’t Touch Rigetti Computing With a 10-Foot Pole