{"id":204155,"date":"2025-10-06T00:44:15","date_gmt":"2025-10-06T00:44:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/204155\/"},"modified":"2025-10-06T00:44:15","modified_gmt":"2025-10-06T00:44:15","slug":"rigetti-computing-rgti-jumps-to-new-high-on-growing-optimism-for-quantum-computers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/204155\/","title":{"rendered":"Rigetti Computing (RGTI) Jumps to New High on Growing Optimism for Quantum Computers"},"content":{"rendered":"\n<p class=\"yf-1090901\">We recently published <a href=\"https:\/\/www.insidermonkey.com\/blog\/10-stocks-with-eye-popping-double-digit-gains-2-1622738\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 Stocks With Eye-Popping Double-Digit Gains;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">10 Stocks With Eye-Popping Double-Digit Gains<\/a>. Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the top performers on Friday.<\/p>\n<p class=\"yf-1090901\">Rigetti Computing rallied to a new all-time high on Friday, as investors poured funds into quantum computing stocks amid strengthening optimism for the industry, as evidenced by million-dollar investments and positive comments from key technology leaders.<\/p>\n<p class=\"yf-1090901\">In intra-day trading, Rigetti Computing, Inc. (NASDAQ:RGTI) soared to its highest 52-week price of $40.63, before trimming gains to end the day just up by 13.16 percent at $40.06.<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Rigetti Computing (RGTI) Jumps to New High on Growing Optimism for Quantum Computers\" loading=\"eager\" height=\"640\" width=\"960\" class=\"yf-1gfnohs loader\"\/> Rigetti Computing (RGTI) Jumps to New High on Growing Optimism for Quantum Computers      <\/p>\n<p class=\"yf-1090901\">A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels<\/p>\n<p class=\"yf-1090901\">This followed announcements on Thursday that it secured $5.7-million worth of new orders for its 9-qubit Novera computing system from two unnamed companies\u2014one from Asia, and one from California\u2014with delivery targeted in the first half of 2026.<\/p>\n<p class=\"yf-1090901\">According to Rigetti Computing Inc. (NASDAQ:RGTI), the Asian firm will leverage the system as a testbed to develop its own internal quantum computing expertise, while making it a benchmark to validate its own quantum computing technologies. Meanwhile, the California startup would utilize the product for quantum hardware and error correction research.<\/p>\n<p class=\"yf-1090901\">Rigetti Computing Inc. (NASDAQ:RGTI) said the Novera quantum computing system is ideal for pursuing research to better understand key areas of quantum computing, including how qubits operate, optimizing control systems, testing design and characterizing gates, mitigating decoherence, and developing more efficient quantum algorithms.<\/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 Eye-Popping Double-Digit Gains. Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the top&hellip;\n","protected":false},"author":2,"featured_media":204156,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[191,2047,8180,28898,74],"class_list":["post-204155","post","type-post","status-publish","format-standard","has-post-thumbnail","category-computing","tag-computing","tag-quantum-computing","tag-rigetti-computing","tag-rigetti-computing-inc","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/204155","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=204155"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/204155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/204156"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=204155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=204155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=204155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}