“Rigetti Computing Stock: Time to Buy This Quantum Computing Stock? | RGTI Stock Analysis”
RGTI valuation is improving but still not attractive enough; wait for a better entry point.
Rigetti Computing, a quantum computing company, has signed a letter of intent with the U.S. Department of Commerce to obtain funding of up to $100 million over three years, provided that certain milestones are met.
Of course, the company has set itself ambitious goals of achieving 99.9% qubit gate accuracy within the next two years, while reducing gate speeds to less than 40 nanoseconds.