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Rigetti Computing Stock Surges 25% Amid Quantum Computing Enthusiasm

Rigetti Computing Stock Surges 25% Amid Quantum Computing Enthusiasm

Author:

Global Cryptocurrency

Published:

2025-10-13 23:55:01

15

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BTCCSquare news:

Rigetti Computing's stock soared 25% as broader markets rallied, fueled by a $10 billion investment announcement targeting quantum computing among 27 strategic sectors. The Security and Resiliency Initiative aims to bolster U.S. technological leadership, with JPMorgan CEO Jamie Dimon emphasizing economic security through infrastructure modernization.

Quantum computing stocks have defied valuation metrics, with Rigetti's market cap reaching $17.8 billion despite minimal revenue. The sector's speculative frenzy contrasts with the technology's distant commercialization horizon, mirroring crypto's pattern of HYPE preceding utility.

By:

U.S. Stock Futures Mixed After Strong Rally; Focus Shifts to Big Bank Earnings

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