How Rigetti's 2024 Quantum Dreams Turned Into 2025 Nightmares

Shares of Rigetti Computing (NASDAQ: RGTI) fell 48.1% in the first quarter of 2025, according to data from S&P Global Market Intelligence. There was a big dip in January, followed by slower share price cuts over the next two months. After this massive price correction, the quantum computing expert's stock price is still up by 925% in the last six months.You've probably heard about the Willow chip by now. This interesting piece of quantum computing hardware was developed by an Alphabet team called Google Quantum Computing AI, and it features an effective error-correction system. Its release in December 2024 lit a fire under quantum computing stocks, especially pure-play specialists like Rigetti Computing. Willow's superior performance in a certain performance benchmark sounded like a wake-up call to many investors -- quantum computers suddenly looked ready to break cryptography and draw game-changing conclusions from DNA data any day now.You know what they say about jumping to conclusions, though. It's great fun and a wholesome exercise, but it won't help your investment portfolio in the long run.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool