Rigetti Computing Surges to 399th Most Traded Stock with $39.5 Million in Shares Exchanged

On April 7, 2025, Rigetti Computing (RGTI) experienced a significant surge in trading volume, with a total of $39.5 million in shares exchanged, marking a 47.58% increase from the previous day. This surge positioned Rigetti as the 399th most traded stock of the day, highlighting a notable uptick in investor interest. The stock price of Rigetti Computing rose by 11.07%.

Rigetti Computing has been at the forefront of quantum computing advancements, with recent developments fueling excitement about potential breakthroughs in creating fault-tolerant quantum computers within the next decade. The company's introduction of the 84-qubit Ankaa-3 system in late 2024 showcased a significant hardware redesign, resulting in improved gate fidelity. This innovation is expected to enhance the performance and reliability of quantum computing systems, positioning Rigetti as a leader in the field.

In addition to its hardware advancements, Rigetti is planning to launch a new modular quantum computing system this year. This system will link together four 9-qubit chips to create a 36-qubit system, further expanding its capabilities and potential applications. The company's strategic focus on modularity and scalability is aimed at addressing the growing demand for more powerful and efficient quantum computing solutions.