{"id":110678,"date":"2025-05-18T03:20:12","date_gmt":"2025-05-18T03:20:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/110678\/"},"modified":"2025-05-18T03:20:12","modified_gmt":"2025-05-18T03:20:12","slug":"could-rigetti-computing-be-the-next-nvidia-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/110678\/","title":{"rendered":"Could Rigetti Computing Be the Next Nvidia?"},"content":{"rendered":"\n<ul class=\"yf-1woyvo2\">\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\">Rigetti Computing has emerged as one of the hottest names fueling the quantum computing movement.<\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\">While its rapid ascent in share price may tempt investors to buy, the company&#8217;s financial profile suggests the company still has a long way to go and a lot to prove.<\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><a class=\"link \" href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=485af50f-5a11-4338-ab64-b9d1455fb4a8&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-nonbbn-kp%3Faid%3D8867%26source%3Disaedikp0000053%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Dkeypoints_pitch_feed_yahoo%26ftm_pit%3D17670\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 stocks we like better than Rigetti Computing \u203a;elm:context_link;itc:0;sec:content-canvas\">10 stocks we like better than Rigetti Computing \u203a<\/a><\/p>\n<\/li>\n<\/ul>\n<p class=\"yf-1090901\">If you invested in <strong>Nvidia<\/strong> stock on Nov. 30, 2022 and held your position until today, then you would be up on your investment by nearly eightfold. Why that date? Because this is the day OpenAI commercially released ChatGPT and spawned the artificial intelligence (AI) revolution.<\/p>\n<p class=\"yf-1090901\">For the last few years, just about anything touching or referencing AI garnered attention from growth investors. But now that we&#8217;re a few years into the AI saga, people are beginning to look for more specific opportunities underneath the broader AI umbrella.<\/p>\n<p class=\"yf-1090901\">For the last several months, <a href=\"https:\/\/www.fool.com\/terms\/q\/quantum-computing\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=ae134a91-8bfb-45b4-92db-822c4ca25620\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:quantum computing;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">quantum computing<\/a> has burst onto the scene as one of AI&#8217;s &#8220;next big things.&#8221; And among popular quantum computing stocks is <strong>Rigetti Computing<\/strong> (NASDAQ: RGTI) &#8212; which has seen its shares rise by 521% in just the last six months (at the time of this writing).<\/p>\n<p class=\"yf-1090901\">As the prospects of quantum computing gain more momentum in the investment world, could Rigetti be on its way to becoming the next Nvidia?<\/p>\n<p class=\"yf-1090901\">If you&#8217;re unfamiliar with quantum computing, it&#8217;s likely because the technology isn&#8217;t widely scaled today. Companies such as <strong>IonQ<\/strong>, <strong>D-Wave Quantum<\/strong>, and of course, Rigetti Computing have emerged at the forefront of the quantum computing movement over the last several months.<\/p>\n<p class=\"yf-1090901\">Considering the <a href=\"https:\/\/www.fool.com\/investing\/2025\/05\/10\/3-reasons-to-buy-this-artificial-intelligence-ai-q\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=ae134a91-8bfb-45b4-92db-822c4ca25620\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:total addressable market for quantum computing;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">total addressable market for quantum computing<\/a> is expected to reach $131 billion over the next 15 years, it&#8217;s understandable why investors would be flocking to these new players disrupting the AI landscape.<\/p>\n<p class=\"yf-1090901\">While a large market could suggest long-term growth prospects, smart investors understand that these dynamics don&#8217;t necessarily make it a sound investment opportunity right now.<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Futuristic illustration of quantum computing technology with glowing digital circuits.  \" loading=\"eager\" height=\"540\" width=\"960\" class=\"yf-g633g8 loader\"\/> Image source: Getty Images.         <\/p>\n<p class=\"yf-1090901\">The chart illustrates Rigetti Computing&#8217;s revenue and net loss over the last year. As I alluded to, quantum computing doesn&#8217;t have many use cases for today&#8217;s AI applications. This is underscored by Rigetti&#8217;s paltry $10.8 million in annual sales. While the market size is expected to grow by billions over the coming years, the more subtle theme is that developing quantum computing technology is going to require hefty investments &#8212; another trend that&#8217;s indicated by Rigetti&#8217;s soaring losses.<\/p>\n<p> Story Continues <\/p>\n<p>   <a href=\"https:\/\/ycharts.com\/companies\/RGTI\/chart\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"RGTI Revenue (TTM) Chart\" loading=\"lazy\" height=\"456\" width=\"720\" class=\"yf-g633g8 loader\"\/><\/a> <a href=\"https:\/\/ycharts.com\/companies\/RGTI\/revenues_ttm\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:RGTI Revenue (TTM);elm:context_link;itc:0;sec:content-canvas\" class=\"link \">RGTI Revenue (TTM)<\/a> data by <a href=\"https:\/\/ycharts.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:YCharts;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">YCharts<\/a>    <\/p>\n<p class=\"yf-1090901\">Generating $10 million in sales while burning $200 million in capital a year isn&#8217;t exactly a recipe for growth. This financial profile makes it hard to justify Rigetti&#8217;s $3 billion market cap.<\/p>\n<p class=\"yf-1090901\">It&#8217;s easy to compare the potential around quantum computing to the bullish narratives that surround AI. The thing is that back in 2022, Nvidia&#8217;s core AI products and services &#8212; namely its GPUs &#8212; were already being used for a host of other applications. I bring this up to make that point that Nvidia already had an established product-market fit for its chipsets &#8212; management simply realized that GPUs would serve as an integral piece of hardware for developing generative AI; hence the value proposition was already there.<\/p>\n<p class=\"yf-1090901\">I don&#8217;t think this necessarily holds true for what Rigetti is trying to achieve in quantum computing. Another way of saying this is that the company&#8217;s investments in AI infrastructure might never fully pay off. For this reason, I see Rigetti as an extremely speculative stock to own.<\/p>\n<p class=\"yf-1090901\">To me, the parabolic rise in Rigetti&#8217;s stock price is rooted more in momentum trading &#8212; a feature often exhibited by meme stocks. As the quantum computing chapter continues to be written, I suspect savvy investors will come to realize that AI&#8217;s biggest players such as Nvidia, <strong>Microsoft<\/strong>, <strong>Alphabet<\/strong>, and <strong>Amazon<\/strong> already have firm footing in this space &#8212; making it even harder for Rigetti to truly compete in the long run.<\/p>\n<p class=\"yf-1090901\">Unlike an investment in Nvidia, I see Rigetti&#8217;s valuation normalizing significantly over the next few years. Hence, I think the stock price could experience a significant drawdown.<\/p>\n<p class=\"yf-1090901\">Ultimately, I would pass on investing in Rigetti, as I do not see the company as a true pioneer in quantum computing &#8212; certainly not in the same transformative way that Nvidia supercharged the AI movement.<\/p>\n<p class=\"yf-1090901\">Before you buy stock in Rigetti Computing, consider this:<\/p>\n<p class=\"yf-1090901\">The Motley Fool Stock Advisor analyst team just identified what they believe are the\u00a0<strong><a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=6b69bd3c-30a1-4369-9e89-592cfd65e66e&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001088%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D17500&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=ae134a91-8bfb-45b4-92db-822c4ca25620\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 best stocks;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">10 best stocks<\/a><\/strong> for investors to buy now\u2026 and Rigetti Computing wasn\u2019t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.<\/p>\n<p class=\"yf-1090901\"><strong>Consider when\u00a0<strong>Netflix<\/strong>\u00a0made this list on December 17, 2004&#8230; if you invested $1,000 at the time of our recommendation,\u00a0<strong>you\u2019d have $642,582<\/strong>!*\u00a0<\/strong><strong>Or\u00a0when\u00a0<strong>Nvidia<\/strong>\u00a0made this list on April 15, 2005&#8230; if you invested $1,000 at the time of our recommendation,\u00a0<strong>you\u2019d have $829,879<\/strong>!*<\/strong><\/p>\n<p class=\"yf-1090901\"><strong>Now, it\u2019s worth noting\u00a0Stock Advisor\u2019s total average return is\u00a0975% \u2014 a market-crushing outperformance compared to\u00a0172%\u00a0for the S&amp;P 500. Don\u2019t miss out on the latest top 10 list, available when you join\u00a0Stock Advisor.<\/strong><\/p>\n<p class=\"yf-1090901\"><a class=\"link \" href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=6b69bd3c-30a1-4369-9e89-592cfd65e66e&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001088%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D17500%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DRigetti%2520Computing&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=ae134a91-8bfb-45b4-92db-822c4ca25620\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:See the 10 stocks \u00bb;elm:context_link;itc:0;sec:content-canvas\"><strong>See the 10 stocks \u00bb<\/strong><\/a><\/p>\n<p class=\"yf-1090901\">*Stock Advisor returns as of May 12, 2025<\/p>\n<p class=\"yf-1090901\">Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool\u2019s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\u2019s board of directors. <a href=\"https:\/\/www.fool.com\/author\/20479\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Adam Spatacco;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Adam Spatacco<\/a> has positions in Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:disclosure policy;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">disclosure policy<\/a>.<\/p>\n<p class=\"yf-1090901\"><a href=\"https:\/\/www.fool.com\/investing\/2025\/05\/17\/could-rigetti-computing-be-the-next-nvidia\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Could Rigetti Computing Be the Next Nvidia?;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Could Rigetti Computing Be the Next Nvidia?<\/a> was originally published by The Motley Fool<\/p>\n","protected":false},"excerpt":{"rendered":"Rigetti Computing has emerged as one of the hottest names fueling the quantum computing movement. While its rapid&hellip;\n","protected":false},"author":2,"featured_media":110679,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3164],"tags":[3284,3359,3358,19932,53,16,15],"class_list":{"0":"post-110678","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-computing","9":"tag-nvidia","10":"tag-quantum-computing","11":"tag-rigetti-computing","12":"tag-technology","13":"tag-uk","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114526684725809586","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/110678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=110678"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/110678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/110679"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=110678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=110678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=110678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}