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Rigetti Computing Stock Dips Despite Quantum Breakthrough
Rigetti Computing Stock Dips Despite Quantum Breakthrough
22
1
BTCCSquare news:
Rigetti Computing shares fell 3.2% to $15.44, marking a retreat after July's 40% rally. The decline comes despite the company's quantum computing breakthrough with its Ankaa-3 system, which achieved 99.5% fidelity across 36 qubits—a milestone in multichip quantum architecture.
Market Optimism persists as quantum computing demand projections reach $30 billion post-2030. Yet, some analysts caution against frothy valuations reminiscent of past tech bubbles. Rigetti's after-hours rebound of 0.58% suggests lingering investor interest in quantum's long-term potential.
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