NasdaqCM:RGTISemiconductor
A Look At Rigetti Computing (RGTI) Valuation After CHIPS Act Funding Letter Of Intent
Rigetti Computing (RGTI) has signed a letter of intent with the U.S. Department of Commerce for up to US$100 million in CHIPS Act funding over three years to accelerate superconducting quantum computing research.
See our latest analysis for Rigetti Computing.
The CHIPS Act funding news arrives during a sharp upswing in sentiment, with a 48.01% 7 day share price return and 65.95% 90 day share price return helping lift the latest price to US$26.42. At the same time, the 1 year total shareholder...