Rigetti Computing Inc. (RGTI) stock surged 5.12% in pre-market trading on Thursday, following renewed investor optimism surrounding the quantum computing sector. The rally was driven by recent bullish statements from major tech companies like Microsoft and Nvidia regarding the future potential of quantum technology.
Microsoft fueled the positive sentiment by announcing its "Quantum Ready" program aimed at helping businesses prepare for the quantum era. The tech giant stated that it anticipates quantum research and development to accelerate rapidly, bringing meaningful applications closer. Nvidia also revealed plans to host a Quantum Day event during its upcoming GTC conference in March, where it will unveil advances that could shorten the timeline to useful quantum applications.
The upbeat outlook from industry leaders like Microsoft and Nvidia has reignited investor interest in quantum computing stocks, including Rigetti Computing. While the technology's widespread commercial adoption may still be years away, companies are making significant progress, spurring optimism about its transformative potential across various sectors.
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