NasdaqCM:RGTISemiconductor
Rigetti Stock Reacts As 108 Qubit Launch Meets CHIPS Act Support
Rigetti Computing launched its 108 qubit Cepheus 1 108Q quantum processor for broad access on major cloud platforms.
The company agreed a non binding deal with the U.S. Commerce Department for up to $100 million in CHIPS Act funding, including a potential minority equity stake.
The announcements relate directly to Rigetti Computing stock, listed as NasdaqCM:RGTI.
For investors watching quantum computing, Rigetti Computing sits at an interesting point. The stock closed at $19.69, with a very...