2024-03-11 23:35:47 ET
Summary
- Rigetti Computing has experienced a surge in stock price, indicating high growth potential in the quantum computing industry.
- The company is expecting strong earnings in Q4 2023 and has several intellectual property rights that could increase its valuation.
- Rigetti is working on a project partnership with Oak Ridge National Laboratory to demonstrate the integration of high-performance computing and quantum devices.
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Rigetti Computing: A Buy Despite Low Revenues In An Emerging Field