Rigetti Computing (RGTI) stock surged 5.18% in pre-market trading on Friday, as the quantum computing frenzy continued to drive investor excitement and speculative trading in the sector.
The soar in RGTI shares comes on the heels of a 36% rally during the previous session, as quantum computing stocks witnessed a year-end surge. Rigetti, a quantum computing startup, has seen its stock skyrocket by a staggering 543% this month, fueled by growing optimism about the transformative potential of quantum computing.
The excitement surrounding quantum computing has been amplified by recent breakthroughs, such as Google's unveiling of its powerful "Willow" quantum chip. This development has highlighted the immense computational capabilities of quantum computers, sparking investor interest in players like Rigetti that are poised to capitalize on this emerging technology.
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