Rigetti Computing’s stock, once soaring, is now near its 52-week low—but don’t write it off. Despite the dip, the quantum computing pioneer is making strides with Nvidia on AI supercomputers, leveraging superconducting qubits and a chiplet design for scalable hardware. Recent Q2 revenue jumped to $5.1M, up from $1.8M last year, and they’ve landed $100M in CHIPS Act funding. Shares have rebounded slightly to $18.82 after a volatile run—beta of 2 confirms the wild swings. Quantum’s future is huge, and Rigetti’s strategic moves position it to capture a big slice of that market, even if the ride remains risky.
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