Rigetti Computing (RGTI) witnessed a significant 6.23% surge in its stock price during the pre-market trading session on Thursday. This upward movement can be attributed to the growing investor excitement and speculation surrounding the quantum computing industry.
The quantum computing sector has been on a remarkable run recently, with stocks like Quantum Computing (QUBT) and Rigetti Computing (RGTI) emerging as standout performers in 2024. QUBT and RGTI shares have skyrocketed by 1,786% and 1,647%, respectively, driven by advancements in the field, investor enthusiasm, and speculative trading.
A major catalyst for the sector's rally was Alphabet's unveiling of its "Willow" quantum chip, which can tackle complex problems in a matter of minutes. This development has positioned Alphabet and other emerging players in the niche as leaders in this rapidly evolving sector, further fueling investor interest.
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