Quantum Computing Stocks RGTI and IONQ Surge Amid Tech Breakthroughs and Government Speculation
Rigetti Computing (RGTI) and IonQ (IONQ) have emerged as standout performers in the quantum computing sector, with RGTI skyrocketing over 3,000% and IONQ gaining 277% in the past year. The rally follows heightened investor interest in quantum technology breakthroughs and fleeting speculation about potential U.S. government equity stakes—later denied by the TRUMP administration.
Both companies retain Strong Buy ratings from analysts, positioning them as high-risk, high-reward plays. Rigetti distinguishes itself with vertically integrated hardware and software development, though commercialization remains nascent. The sector's volatility underscores its speculative nature, mirroring the early-stage frenzy seen in cryptocurrency markets.