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

Market Focus

Sep 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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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