Rigetti Computing Inc. (NASDAQ:RGTI) saw its share prices soar by 8.98% on Thursday to close at $47.11 per share as investors showed interest in technology stocks amidst the AI sector boom. The company recently secured $5.7 million in new orders for its 9-qubit Novera computing system from two clients, one in Asia and the other a California-based startup, with deliveries expected in the first half of 2026. Rigetti Computing Inc. (NASDAQ:RGTI) believes the Novera quantum computing system is ideal for various research areas in quantum computing. While RGTI shows promise as an investment, other AI stocks may offer higher returns with limited downside risk.

Read more at Yahoo Finance: Rigetti (RGTI) Soars 9% on AI Frenzy