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Rigetti Computing (RGTI) Stock Jumps 20% on $100M Government Quantum Deal

By Trader Edge at 2026-05-25 11:45

Sentiment: Unknown

TLDR Rigetti signed a letter of intent with the U.S. Department of Commerce for up to $100 million in CHIPS Act funding over three years. RGTI jumped nearly 20% on Friday, closing at $26.42, as part of a broader quantum sector rally. The funding targets key technical challenges in superconducting quantum computing, including chip miniaturization [...] The post Rigetti Computing (RGTI) Stock Jumps 20% on $100M Government Quantum Deal appeared first on CoinCentral. Continue reading...

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