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Where Will Rigetti Computing Stock Be in 5 Years?
Every few decades, a new technology hits the scene, transforming the way people live and creating billions -- if not trillions -- in shareholder value. Most recently, this has included generative artificial intelligence (AI) and the internet. Some analysts believe quantum computing could be the next big leap, putting early movers like Rigetti Computing (NASDAQ: RGTI) in a position to benefit substantially over the long term. That said, it remains unclear how the quantum story will play out over the next five years -- or if Rigetti's deeply unprofitable business will even last that long. Let's dig deeper to find out what the future might hold.Quantum computing is a field of computer science and physics that aims to dramatically increase computational power by replacing traditional bits (which can only represent one of two states) with quantum bits or qubits, which can exist in multiple states simultaneously. If it works, it could set the stage for devices capable of solving the most challenging problems millions of times faster than today's strongest supercomputers.Continue reading
Every few decades, a new technology hits the scene, transforming the way people live and creating billions -- if not trillions -- in shareholder value. Most recently, this has included generative artificial intelligence (AI) and the internet. Some analysts believe quantum computing could be the next big leap, putting early movers like Rigetti Computing (NASDAQ: RGTI) in a position to benefit substantially over the long term.
That said, it remains unclear how the quantum story will play out over the next five years -- or if Rigetti's deeply unprofitable business will even last that long. Let's dig deeper to find out what the future might hold.
Quantum computing is a field of computer science and physics that aims to dramatically increase computational power by replacing traditional bits (which can only represent one of two states) with quantum bits or qubits, which can exist in multiple states simultaneously. If it works, it could set the stage for devices capable of solving the most challenging problems millions of times faster than today's strongest supercomputers.
