Rigetti Computing (RGTI) surged 22.23% today, closing at $10.94, and has climbed another 4.94% in after-hours trading to $11.48. Nvidia’s groundbreaking announcement of its first-ever ‘Quantum Day‘ at the 2025 GPU Technology Conference (GTC) injected fresh enthusiasm into the quantum computing sector. The event reignited investor interest in companies like Rigetti Computing, which are poised to play pivotal roles in the field. As traders on X highlighted potential synergies between Nvidia’s AI leadership and quantum computing advancements, speculative buying dominated the market.
Rigetti stock rallies 22% as Nvidia puts quantum in the spotlight
The rebound also reflects a broader market correction following previous skepticism from industry leaders like Nvidia’s own CEO, Jensen Huang, who questioned the near-term viability of quantum computing. Today’s rally, however, signals renewed confidence in the long-term potential of the sector. Rigetti’s robust research and development focus remains a talking point for investors betting on quantum computing’s scalability.
Rigetti stock rockets 47%: Is it time to cash out or hold?
Investor sentiment has been further fueled by Rigetti’s existing position as an innovator in quantum computing, even though no new announcements were made by the company today. Discussions on platforms like X pointed to the company’s strategic resilience despite technical challenges in the field. As Nvidia’s Quantum Day drew attention to the potential of quantum-AI integrations, analysts underscored Rigetti’s capability to leverage these trends for future growth. Some users shared snippets of Rigetti’s recent communications, pointing to its ongoing efforts to address scalability and practical application challenges.
Despite the rally, analysts continue to caution about the sector’s risks. Quantum computing remains a speculative arena, with significant hurdles to overcome in terms of commercialization and large-scale adoption. However, Rigetti’s recent rebound suggests a growing appetite among investors willing to overlook near-term uncertainties in favor of long-term potential. Analysts have noted that the company’s research progress and its positioning in a niche yet promising market segment could make it a key player as the industry matures.
For investors, Rigetti’s sharp climb today highlights both the opportunities and risks inherent in quantum computing stocks. Nvidia’s Quantum Day has brought renewed attention to the space, but speculative buying and sector volatility remain key considerations. If you’re looking to capitalize on Rigetti’s momentum, it’s crucial to assess whether you’re prepared for the ups and downs associated with emerging technologies. While Rigetti’s recent performance suggests potential upside, the lack of substantial near-term developments means that cautious optimism is the best approach. Those with a long-term view may find Rigetti appealing, but staying informed about broader quantum computing advancements will be vital to making the right call.
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Featured image credit: Rigetti