Movement Alert|Rigetti Computing Rises 5.63% Overnight, Trading at $17.46

Market Focus
09/23

On September 23, Rigetti Computing rose 5.63% overnight, trading at $17.46 USD/share, with turnover of $68,600.

Within the Semiconductors sector where Rigetti Computing belongs, the overall sector performance was mixed. Among individual stocks, Micron Technology up 0.17%, NVIDIA down 0.09%, Advanced Micro Devices down 0.04%, Intel up 0.23%, Broadcom up 0.38%.

Rigetti Computing is a pioneer in full-stack quantum computing, operating quantum computers on the cloud since 2017 through its Rigetti Quantum Cloud Services platform, serving enterprise, government, and research clients globally. The company recently secured a $100 million funding award from the US Department of Commerce under the CHIPS Act to accelerate superconducting quantum computing R&D, and announced a partnership with Hewlett Packard Enterprise and Pittsburgh Supercomputing Center to build the TangleLab hybrid quantum-classical supercomputing testbed.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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