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Rigetti Computing Stock (RGTI) Extends Rally Amid Quantum Computing Hype
Rigetti Computing Stock (RGTI) Extends Rally Amid Quantum Computing Hype
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BTCCSquare news:
Rigetti Computing's stock (RGTI) has surged over 80% in the past month and 160% in three months, defying its weak quarterly fundamentals. The quantum computing pioneer reported minimal revenue and a $40 million net loss, yet investors continue betting on its long-term potential.
The company's full-stack quantum computers, combining quantum and classical computing, target problems beyond conventional machines' capabilities. Its business spans hardware, cloud services, and government contracts—a high-risk, high-reward play on quantum commercialization.
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