Is Under $10 RGTI Stock the Next 2025 NVIDIA, and Is It a Buy?

From Nasdaq: 2024-12-20 15:05:00

Wall Street’s interest in quantum computing is on the rise, with Rigetti Computing, Inc. (RGTI) outperforming NVIDIA Corporation (NVDA) this year (+495.3% vs. +164.7%). Quantum computing stocks surged due to Alphabet Inc.’s quantum computing chip breakthrough and Amazon’s Quantum Embark program. The global quantum computing market is expected to reach $5.3 billion by 2029.

Rigetti Computing is positioned to capitalize on the quantum computing market growth, with plans to deploy advanced quantum processors and reduce issues related to quantum computing. Despite being a speculative business, RGTI stock is expected to see higher levels in 2025. Investors should monitor the stock’s performance and hold positions cautiously.

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