Rigetti Computing (NASDAQ: RGTI) saw its stock plummet by 47% on January 8, following comments from Nvidia (NASDAQ: NVDA) CEO Jensen Huang at CES 2025. Huang’s remarks about quantum computing being “20 years away from becoming very useful” sent shockwaves through the sector, leading to sharp declines in stocks like Rigetti, D-Wave Quantum (QBTS), and IonQ (IONQ). About Rigetti and Recent Developments Rigetti Computing, a quantum computing firm located in California, creates advanced quantum processors and provides services via its […]
The post Rigetti Stock Plunges 47%: Should Investors Buy the Dip? appeared first in UK on InvestingCube.
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