On June 12, Rigetti Computing rose 5.6% in regular trading, trading at $21.77/share, with turnover of $298 million.

On the news front, the stock had pulled back continuously from its May 22 high due to executive Rivas David's planned sale of approximately 499,000 shares, capital diversion from Quantinuum's listing, and broader semiconductor sector weakness. The current rebound is supported by multiple policy catalysts: the U.S. Department of Commerce previously announced approximately $2 billion in combined investment to nine quantum computing companies, with Rigetti receiving approximately $100 million, alongside IBM's $10 billion quantum computing investment plan. These medium-term policy tailwinds continue to underpin valuation support.

Within the Semiconductors sector, Intel rose 5.05%, Advanced Micro Devices rose 5.0%, Marvell Technology rose 1.51%, and NVIDIA rose 0.3%, reflecting broad sector recovery that coincided with Rigetti's oversold technical repair momentum.

(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.)