Rigetti Computing: Sell On Any Nvidia Quantum Day Pop
Update - March 21, 2025
Quantum Day didn't go very well. Rigetti CEO appeared to double-down on current quantum technology not being very useful.
Original article posted on Mar. 19
- Rigetti Computing, Inc. reported weak Q4 results, with revenues dipping YoY.
- Nvidia's Quantum Day at the GTC 2025 event could temporarily boost Rigetti's stock based on quantum computing hype.
- Rigetti's CEO continues to emphasize limited commercial sales in the near future, relying heavily on government contracts and R&D milestones for now.
- Investors should consider cashing out if the stock surges due to the Nvidia event, as true commercialization is still 5 years away.
Read the full article on Seeking Alpha.
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