{"id":202688,"date":"2025-10-05T03:21:22","date_gmt":"2025-10-05T03:21:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/202688\/"},"modified":"2025-10-05T03:21:22","modified_gmt":"2025-10-05T03:21:22","slug":"rigetti-computing-rgti-hits-8-month-high","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/202688\/","title":{"rendered":"Rigetti Computing (RGTI) Hits 8-Month High"},"content":{"rendered":"\n<p class=\"yf-1090901\">We recently published <a href=\"https:\/\/www.insidermonkey.com\/blog\/10-stocks-with-surprising-gains-3-1608493\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 Stocks with Surprising Gains;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">10 Stocks with Surprising Gains<\/a>. Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the best performers on Friday.<\/p>\n<p class=\"yf-1090901\">Rigetti Computing grew its share prices to a new eighth-month high on Friday, as investors loaded positions despite the lack of catalysts to spark buying appetite.<\/p>\n<p class=\"yf-1090901\">At intra-day trading, CCCC touched an eighth-month high of $20.13, just $1.29 shy of its 52-week peak of $21.42. Gains, however, were trimmed towards the end, after closing up by 14.38 percent at $19.09 apiece.<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Rigetti Computing (RGTI) Hits 8-Month High\" loading=\"eager\" height=\"640\" width=\"960\" class=\"yf-1gfnohs loader\"\/> Rigetti Computing (RGTI) Hits 8-Month High      <\/p>\n<p class=\"yf-1090901\">Earlier this month, Rigetti Computing, Inc. (NASDAQ:RGTI) said it joined forces with the Centre for Development of Advanced Computing (C-DAC), India\u2019s premier research and development organization of the Ministry of Electronics and Information Technology, for the co-development of hybrid quantum computing systems to support government laboratories and academics pursuing quantum computing R&amp;D.<\/p>\n<p class=\"yf-1090901\">\u201cBy joining C-DAC\u2019s renowned leadership in high-performance computing (HPC) solutions with Rigetti\u2019s expertise in superconducting quantum computing systems, we have the opportunity to design and deliver powerful and practical hybrid computing systems,\u201d said Rigetti Computing, Inc. (NASDAQ:RGTI) CEO Subodh Kulkarni.<\/p>\n<p class=\"yf-1090901\">\u201cWe look forward to this collaboration and advancing the state-of-the-art in hybrid computing technology,\u201d he added.<\/p>\n<p class=\"yf-1090901\">While we acknowledge the potential of RGTI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the <a href=\"https:\/\/www.insidermonkey.com\/blog\/three-megatrends-one-overlooked-stock-massive-upside-1548959\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:best short-term AI stock;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">best short-term AI stock<\/a>.<\/p>\n<p class=\"yf-1090901\">READ NEXT: <a href=\"https:\/\/www.insidermonkey.com\/blog\/30-stocks-that-should-double-in-3-years-1518528\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:30 Stocks That Should Double in 3 Years;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">30 Stocks That Should Double in 3 Years<\/a> and <a href=\"https:\/\/www.insidermonkey.com\/blog\/11-hidden-ai-stocks-to-buy-right-now-1523411\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:11 Hidden AI Stocks to Buy Right Now;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">11 Hidden AI Stocks to Buy Right Now<\/a>.<\/p>\n<p class=\"yf-1090901\">Disclosure: None. This article is originally published at\u00a0<a href=\"https:\/\/www.insidermonkey.com\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Insider Monkey;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Insider Monkey<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"We recently published 10 Stocks with Surprising Gains. Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the best performers&hellip;\n","protected":false},"author":2,"featured_media":202689,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[116666,191,8180,74],"class_list":["post-202688","post","type-post","status-publish","format-standard","has-post-thumbnail","category-computing","tag-centre-for-development-of-advanced-computing","tag-computing","tag-rigetti-computing","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/202688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=202688"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/202688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/202689"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=202688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=202688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=202688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}