From Nasdaq: 2025-06-05 23:59:00

Rigetti Computing (Nasdaq: RGTI) has seen a remarkable 1,080% surge in its stock over the past year, reflecting growing investor excitement around quantum computing’s potential. Quantum systems, using qubits instead of bits, can process vast datasets by evaluating multiple possibilities simultaneously, offering solutions for various industries like finance and healthcare.

Though quantum computing shows promise, technical challenges persist as systems with more qubits become error-prone. Leading tech companies like Google, IBM, and Rigetti have made progress in developing scalable quantum systems with dozens of qubits. IBM aims to reach 100,000-qubit systems by 2033, showcasing advancements in the field.

Rigetti’s unique technology uses superconducting qubits operated at ultra-low temperatures in dilution refrigerators. It offers a range of quantum processors, from the entry-level Novera QPU to the advanced Ankaa-3 system with significant hardware upgrades. Rigetti plans to launch a 100-qubit system by year-end, emphasizing high gate fidelity for practical error correction.

Despite its technological potential, Rigetti’s financials illustrate the early-stage nature of quantum computing. With $9.2 million in revenue and a $74 million operating loss over the past year, the industry remains research-heavy. Rigetti’s stock history reflects volatility, showing a 96% drop during the 2022 market downturn, emphasizing the risk associated with emerging tech investments.

Investing in Rigetti entails high risk but offers substantial rewards if the company can innovate and scale production successfully. Partnerships with NASA, Phasecraft, and Standard Chartered provide validation of its technology. However, challenges like commercial viability, strong competition, and uncertain adoption timelines remain. Investors should carefully weigh risks and rewards before investing, considering alternatives like the High Quality Portfolio for a more stable investment option.



Read more at Nasdaq: What’s Happening With Rigetti Computing Stock?