Stock Track | Rigetti Computing Soars 5.05% Intraday on NVIDIA Quantum AI Boost and New 108-Qubit System Launch

Stock Track
15 hours ago

Rigetti Computing's stock soared 5.05% during intraday trading on Thursday, extending gains from pre-market sessions.

The rally was driven by NVIDIA's announcement of its open-source quantum AI model family "Ising," which targets critical bottlenecks in quantum computing—processor calibration and error correction. This development catalyzed broad gains across the quantum computing sector.

Additionally, Rigetti attracted investor attention with the launch of its new 108-qubit Cepheus-1-108Q quantum computing system and a substantial $8.4 million contract with India's Centre for Development of Advanced Computing.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10