Is Rigetti Computing a Millionaire-Maker Stock?
Quantum computing emerges as the next potential megatrend, following the internet and generative AI. Early movers like Rigetti Computing (RGTI) have seen their shares surge over 5,000% in the past year, sparking debate over whether this rally is driven by HYPE or fundamentals.
Quantum computing leverages qubits, which unlike classical bits, can exist in multiple states simultaneously. This technology, though still in its infancy, could revolutionize industries from pharmaceuticals to logistics, with McKinsey projecting a $100 billion market within a decade.
Rigetti aims to position itself as a leader in this nascent field. The stock's explosive growth reflects investor optimism, but questions remain about its long-term viability amidst the speculative fervor.
