NasdaqCM:RGTISemiconductor
Rigetti Targets High Fidelity Quantum Leap As Valuation Lags Expectations
Rigetti Computing is preparing to launch its Cepheus-1-108Q quantum system, targeting an industry-leading fidelity benchmark.
The company has publicly outlined hardware goals of 99.5% two-qubit gate fidelity and a 1,000-qubit system within two years.
These targets come as competition from large technology players such as Google and IBM intensifies in commercial quantum computing.
For investors tracking NasdaqCM:RGTI, the new hardware roadmap lands after a mixed share price record. The stock...