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Rigetti Computing Stock Skyrockets 15.4% Amid China's Rapid Quantum Computing Advancements
ByAinvest
Thursday, Dec 4, 2025 4:23 pm ET1min read
Shares of Rigetti Computing rose 15.4% on Wednesday, following an interview with Nobel Prize winner John Martinis, who expressed concerns about China's progress in building a working quantum computer. Martinis noted that China has "caught up quickly" in the race to build a quantum computer and is now "nanoseconds ahead" of the US. Rigetti's market capitalization is nearly $9 billion, but the company has only $7.5 million in sales over the last 12 months and a $350 million loss.
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