NasdaqCM:RGTISemiconductor
Rigetti’s India Quantum Order Versus Volatile Stock And Valuation Upside
Rigetti Computing secured an order from India's Centre for Development of Advanced Computing for a 108 qubit quantum system.
The deal marks the company's entry into India's supercomputing market.
The order comes after recent setbacks in U.S. government projects, including exclusion from DARPA's Stage B trial.
For investors watching NasdaqCM:RGTI, this new C DAC order comes at a time when the stock has been volatile, with a 15.1% decline over the past week and a 2.8% decline over the past...