Rigetti Computing Stock News

Rigetti Computing (RGTI -3.29%) has had a phenomenal July, with the stock up around 40% at the time of writing, although it was up around 50% just a few days ago. Most investors would be pleased with that return over a multiyear time frame, let alone one year.

Last summer, companies such as IonQ (IONQ -1.80%), Rigetti Computing (RGTI -3.20%), D-Wave Quantum (QBTS -4.50%), and Quantum Computing (QUBT -1.42%) were unknown penny stocks.

Stocks across the quantum computing sector have posted strong gains since the start of a summer-long rally, driven by a powerful series of technical and commercial achievements. This progress suggests the quantum computing industry is reaching an inflection point, moving from the research lab toward a commercial reality.

Wall Street loves a good narrative, and quantum computing stocks have delivered several over the past year. Alphabet demonstrated breakthrough quantum capabilities with its Willow processor in late 2024, triggering a surge of investment into companies promising to solve optimization problems and accelerate drug discovery.

Rigetti Computing (RGTI 4.50%) has been one of the best-performing and most volatile stocks in recent history. Over the past year, Rigetti shares have gained about 1,400% as quantum computing hype has accelerated.

The artificial intelligence (AI) market expanded rapidly in recent years as new generative AI platforms like OpenAI's ChatGPT changed how companies process data, automate tasks, and serve their customers. The biggest winner in that AI boom was Nvidia (NVDA -2.42%), the world's leading producer of the GPUs that handled those complex tasks.

BERKELEY, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release second quarter 2025 results on August 12, 2025 after market close.

Key Points in This Article: Quantum computing's leading players are broadly falling today after massive gains over the past year.