{"id":275197,"date":"2025-07-19T16:49:24","date_gmt":"2025-07-19T16:49:24","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/275197\/"},"modified":"2025-07-19T16:49:24","modified_gmt":"2025-07-19T16:49:24","slug":"why-shares-of-rigetti-computing-have-blasted-41-higher-this-week","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/275197\/","title":{"rendered":"Why Shares of Rigetti Computing Have Blasted 41% Higher This Week"},"content":{"rendered":"<p>Key Points<\/p>\n<p>Since the close of trading last week, shares of the quantum computing company <strong>Rigetti Computing<\/strong>(NASDAQ: RGTI) had soared close to 41%, as of 9:31 a.m. ET Friday. The company earlier this week announced a new achievement on one of its quantum computing models.<\/p>\n<p>Twofold reduction in median error rate<\/p>\n<p><strong>Where to invest $1,000 right now?<\/strong> Our analyst team just revealed what they believe are the <strong>10 best stocks <\/strong>to buy right now. <a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=e41395f8-6ad8-413a-bb98-e14547991b0b&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001096%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Dtop_incontent_pitch_feed_partner%26ftm_pit%3D17547&amp;utm_source=globeandmail&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=403c7c6d-55b7-4a17-a840-9886ccd356bf\" rel=\"noopener nofollow\" target=\"_blank\"><strong>Continue \u00bb<\/strong><\/a><\/p>\n<p>Rigetti announced in a press release that it had achieved a 99.5% median 2-qubit gate fidelity on its modular 36-qubit system, and a 2 times lower median 2-qubit gate error rate from the company&#8217;s previous best on its 84-qubit model.<\/p>\n<p><img decoding=\"async\" fetchpriority=\"high\" alt=\"Two people looking at a document on a couch and cheering.\" src=\"https:\/\/barchart-news-media-prod.aws.barchart.com\/FC\/b3b15db575e48321d923ce048aaf4cff\/%3Furl%3Dhttps%253a%252f%252fg.foolcdn.com%252feditorial%252fimages%252f825737%252fpositive-people-2.jpg%26amp%3Bw%3D700\"\/><\/p>\n<p class=\"caption\">Image source: Getty Images.<\/p>\n<p><a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/information-technology\/ai-stocks\/quantum-computing-stocks\/?utm_source=globeandmail&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=403c7c6d-55b7-4a17-a840-9886ccd356bf\" target=\"_blank\" rel=\"noopener nofollow\">Quantum computers<\/a> are the next innovation of the traditional computer, and are supposed to be faster than even the best super computers today. While computers are built on the foundation of bits, tiny pieces of digital data that can take the form of a zero or one, quantum computers are built with qubits, which can take on more complex forms like a zero or one simultaneously. The 2-qubit gate fidelity essentially refers to accuracy. Quantum computers want to achieve higher fidelity and lower error rates.<\/p>\n<p>&#8220;We benefit from the many advantages of superconducting qubits, including gate speeds more than 1,000x faster than other modalities like ion trap and pure atoms, and scalability,&#8221; Rigetti CEO Subodh Kulkarni said in a statement. &#8220;By leveraging well-known techniques from the semiconductor industry, we&#8217;ve developed proprietary technology that we believe is critical to enable scaling to higher qubit count systems.&#8221;<\/p>\n<p>Technological progress is key<\/p>\n<p>Most quantum computing companies like Rigetti aren&#8217;t generating significant earnings or revenue yet because they are still working to perfect the technology. They are really more like start-ups, so progress on the tech is everything and can excite investors.<\/p>\n<p>While Rigetti looks to <a href=\"https:\/\/www.fool.com\/investing\/2025\/07\/17\/1-quantum-computing-stock-to-buy-right-now\/?utm_source=globeandmail&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=403c7c6d-55b7-4a17-a840-9886ccd356bf\" target=\"_blank\" rel=\"noopener nofollow\">have immense potential<\/a>, the company already trades at a 5.5 billion market cap, so I&#8217;d caution investors from investing too heavily just yet. There&#8217;s still a lot we don&#8217;t know about quantum computing and the hurdles between the tech and actual commercialization. I&#8217;d keep positions smaller and more speculative for now.<\/p>\n<p>Should you invest $1,000 in Rigetti Computing right now?<\/p>\n<p>Before you buy stock in Rigetti Computing, consider this:<\/p>\n<p>The Motley Fool Stock Advisor analyst team just identified what they believe are the <strong><a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=4ecb7197-f793-4110-854c-0f28298b6888&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001093%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D17514&amp;utm_source=globeandmail&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=403c7c6d-55b7-4a17-a840-9886ccd356bf\" rel=\"noopener nofollow\" target=\"_blank\">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>Consider when <strong>Netflix<\/strong> made this list on December 17, 2004&#8230; if you invested $1,000 at the time of our recommendation, <strong>you\u2019d have $687,149<\/strong>!* Or when <strong>Nvidia<\/strong> made this list on April 15, 2005&#8230; if you invested $1,000 at the time of our recommendation, <strong>you\u2019d have $1,060,406<\/strong>!*<\/p>\n<p>Now, it\u2019s worth noting Stock Advisor\u2019s total average return is 1,072% \u2014 a market-crushing outperformance compared to 180% for the S&amp;P 500. Don\u2019t miss out on the latest top 10 list, available when you join Stock Advisor.<\/p>\n<p><a class=\"ticker_pitch\" href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=4ecb7197-f793-4110-854c-0f28298b6888&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001093%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D17514%26ftm_veh%3Darticle_pitch_feed_partners%26company%3DRigetti%2520Computing&amp;utm_source=globeandmail&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=403c7c6d-55b7-4a17-a840-9886ccd356bf\" rel=\"noopener nofollow\" target=\"_blank\"><strong>See the 10 stocks \u00bb<\/strong><\/a><\/p>\n<p>*Stock Advisor returns as of July 15, 2025<\/p>\n<p><a href=\"https:\/\/www.fool.com\/author\/20255\/\" target=\"_blank\" rel=\"noopener nofollow\">Bram Berkowitz<\/a> has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" target=\"_blank\" rel=\"noopener nofollow\">disclosure policy<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" style=\"display:none;\" referrerpolicy=\"unsafe-url\" src=\"https:\/\/barchart-news-media-prod.aws.barchart.com\/FC\/b3b15db575e48321d923ce048aaf4cff\/pixel%3Fslug%3Dmotleyfoolgm-2025-7-18-why-shares-of-rigetti-computing-have-blasted-41-higher-this-week\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Key Points Since the close of trading last week, shares of the quantum computing company Rigetti Computing(NASDAQ: RGTI)&hellip;\n","protected":false},"author":2,"featured_media":275198,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3164],"tags":[51,3085,3284,1700,474,6614,6615,6616,3151,35723,4041,6619,6617,6618,53,6621,16,15],"class_list":{"0":"post-275197","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-business","9":"tag-business-news","10":"tag-computing","11":"tag-economy","12":"tag-finance","13":"tag-financial-information","14":"tag-investing","15":"tag-investor","16":"tag-market-news","17":"tag-motley-fool","18":"tag-press-releases","19":"tag-sedar","20":"tag-stock-research","21":"tag-stock-valuation","22":"tag-technology","23":"tag-the-globe-and-mail","24":"tag-uk","25":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114880929429465524","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/275197","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=275197"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/275197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/275198"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=275197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=275197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=275197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}