Rigetti Computing's Quantum Leap Drives $94.3 Million Trading Volume Despite 31.54% Decline

On July 18, 2025, Rigetti Computing (RGTI) saw a trading volume of $94.3 million, marking a 31.54% decrease from the previous day. Despite this, the stock price rose by 0.12%, marking its third consecutive day of gains and a total increase of 34.91% over the past three days.

Rigetti Computing has made significant strides in its quantum computing technology. The company announced that it has achieved a 99.5% median two-qubit gate fidelity on its new modular 36-qubit chiplet system, meeting its mid-year technical milestone. This breakthrough reduces gate error rates by half compared to its earlier 84-qubit Ankaa-3 platform. Rigetti plans to launch this new system on August 15 and is on schedule to deliver a 100+ qubit chiplet system by the end of the year. The modular approach is designed to support scaling while preserving performance.

Rigetti's recent achievements have garnered attention from investors, contributing to the stock's recent surge. The company's focus on advancing quantum computing technology positions it as a key player in the rapidly evolving industry. As Rigetti continues to innovate and meet its technical milestones, it is poised to maintain its momentum in the market.