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Nvidia's venture capital arm, NVentures, has made its first investment in Honeywell's quantum computing unit, Quantinuum, as part of a $600 million funding round valuing the business at $10 billion. This move is seen as a significant legitimization of the nascent quantum computing sector, leading to increased investor interest and upward movement in related pure-play stocks. Opening U.S. equities saw focused gains in the technology sector as Nvidia's venture capital arm, NVentures, announced its inaugural investment in Quantinuum, Honeywell's quantum computing unit. This strategic investment, part of a substantial $600 million funding round, values Quantinuum at $10 billion, a valuation that has significantly bolstered optimism within the quantum computing industry and spurred positive movement among related stocks. The Event in Detail Nvidia's (NVDA) direct investment marks a pivotal moment for Quantinuum, a firm majority-owned by Honeywell (HON). The $600 million Series B funding round represents a considerable increase from Quantinuum's $5 billion valuation in early 2024, underscoring robust investor confidence in the commercial viability of quantum technologies. The extensive syndicate of investors includes returning participants such as JPMorgan Chase, Mitsui, and Amgen, alongside new contributors like QED Investors, Mesh, and Korea Investment Partners. Honeywell maintains a substantial 54% ownership stake in Quantinuum, which was established in 2021 through the merger of Cambridge Quantum and Honeywell Quantum Solutions. The newly secured capital is designated to support the expansion of commercial systems, advance research and development efforts, and facilitate the upcoming launch of Quantinuum's Helios quantum computer, anticipated later this year. Furthermore, Quantinuum is preparing for a potential initial public offering (IPO) as early as 2027. Analysis of Market Reaction Nvidia's investment is widely interpreted as a profound legitimization of the quantum computing sector, a field that has long been viewed with a mix of high potential and considerable skepticism. The move signals a strategic shift in Nvidia CEO Jensen Huang's perspective, who previously expressed that significant quantum breakthroughs were decades away but now characterizes the industry as being at an "inflection point." This change in stance from a dominant player in artificial intelligence has ignited investor enthusiasm. Following the announcement, pure-play quantum computing stocks experienced notable gains. Companies such as IonQ (IONQ), Rigetti Computing (RGTI), D-Wave (QBTS), Arqit Quantum (ARQQ), and Quantum Computing Inc. (QUBT) all traded higher. Honeywell shares saw a modest advance of approximately 1% in pre-market trading, while Nvidia's stock recorded fractional gains. Broader Context & Implications Quantinuum's accelerated valuation growth is indicative of a broader surge in investment across the quantum computing landscape. In the first quarter of 2025 alone, quantum firms collectively raised over $1.25 billion, more than double the figure from the same period in the prior year. The entirety of the previous year saw private capital injections into quantum startups reach a record $2.6 billion. This financial momentum is mirrored in the labor market, with job postings in quantum technologies escalating by 450% between 2018 and 2023, suggesting tangible commercial activity extending beyond research labs. Analysts project the quantum computing job market could expand to $8.6 billion by 2027. Nvidia's involvement, given its status as a trillion-dollar company, is expected to encourage other major technology entities, including Microsoft, Google (Alphabet), and Amazon, to intensify their research and development efforts and investment in quantum computing. This could foster heightened competition as these companies aim to secure their future market positions and reduce reliance on third-party quantum providers. Quantum computing is widely considered a potentially disruptive technology capable of revolutionizing diverse industries, from finance and pharmaceuticals to logistics and drug discovery, by solving complex problems currently intractable for conventional computing systems. Expert Commentary The strategic significance of this investment was articulated by key leaders within the sector. > Dr. Rajeeb Hazra, CEO of Quantinuum, emphasized that the funding will "further extend our leadership, accelerate our roadmap, and strengthen the entire quantum ecosystem." Honeywell Chairman and CEO Vimal Kapur expressed strong confidence in Quantinuum's trajectory, stating: > "Quantinuum continues to meet and exceed our stated objectives — strategically, technically and commercially. We have complete confidence in Quantinuum's ability to continue to lead the quantum revolution and create long-term value for its investors and customers." Looking Ahead The quantum computing sector remains a dynamic area of technological advancement and investment. Quantinuum's plans for a potential IPO in 2027 and the impending launch of its Helios quantum computer are key milestones to monitor. The industry's collective focus on achieving universal fault-tolerant quantum computing will be crucial for unlocking widespread practical applications. The strategic investments by major tech firms like Nvidia suggest a growing conviction in the near-term commercialization of quantum technologies, potentially paving the way for new market opportunities and disruptive applications across various industries. Investors will closely observe future economic reports, company earnings, and policy decisions that could further shape the trajectory of this evolving sector.
Rigetti Computing (NASDAQ: RGTI) has announced a significant Memorandum of Understanding (MOU) with India's Centre for Development of Advanced Computing (C-DAC) to co-develop hybrid quantum computing systems. This strategic collaboration, coupled with the recent general availability of its advanced Cepheus-1-36Q quantum computer, positions Rigetti within a rapidly expanding quantum ecosystem. The company's stock has seen substantial gains, reflecting growing investor confidence in its technological progress and strategic alliances, despite current high valuation metrics and revenue challenges. Rigetti Computing Forges Strategic Partnership Amidst Quantum Technology Advancements Rigetti Computing (NASDAQ: RGTI) recently announced a Memorandum of Understanding (MOU) with India's Centre for Development of Advanced Computing (C-DAC) to explore the co-development of hybrid quantum computing systems. This collaboration underscores Rigetti's strategy to expand its global footprint and establish a foothold in emerging quantum markets, complementing the company's ongoing technological advancements in quantum hardware. The Event in Detail: Strategic Alliances and Technological Milestones The MOU with C-DAC is a pivotal step for Rigetti, aiming to integrate its superconducting qubits with classical computing resources for hybrid systems. This initiative aligns with India's ChipIN program, potentially providing Rigetti access to significant government-backed quantum initiatives. The company's superconducting qubits are noted for their speed, being over 1,000 times faster than other qubit modalities, making them well-suited for hybrid applications. Concurrent with this partnership, Rigetti announced the general availability of Cepheus-1-36Q, which it describes as the industry's largest multi-chip quantum computer. This new system boasts a significant technological leap, achieving a 2x reduction in two-qubit gate error rate compared to its predecessor, Ankaa-3, and exhibiting a median two-qubit gate fidelity of 99.5%. The Cepheus-1-36Q is now accessible on the Rigetti Quantum Cloud Services Platform (QCS) and is slated for availability on Microsoft Azure. From a financial perspective, Rigetti reported total revenues of $1.80 million for Q2 2025, a decrease of 42% year-over-year. The company recorded a net loss of $39.7 million for the quarter, with its loss per share climbing from $0.07 to $0.13. Analysis of Market Reaction: Quantum Enthusiasm vs. Valuation Metrics RGTI stock has demonstrated considerable strength in the market, surging approximately 1,700% over the past 52 weeks and advancing 92% over the last six months. This remarkable performance is largely driven by breakthrough achievements in quantum technology, the securing of strategic government contracts, and increasing investor enthusiasm for the commercial potential of Quantum Computing and its convergence with Artificial Intelligence (AI). Despite these impressive gains, RGTI currently trades 29% below its 52-week high of $21.42 reached in January. The company's valuation metrics reflect significant market optimism, with a price-to-sales ratio of 466 times and a price-to-book ratio of 9.08. These figures indicate a notably high valuation compared to industry averages, suggesting that significant future growth is already priced into the stock. Broader Context & Implications: Financial Strength and Global Quantum Investment Rigetti possesses a robust financial foundation, having completed a $350 million gross proceeds sale through an at-the-market (ATM) equity offering program during Q2 2025. This has resulted in approximately $571.6 million in cash, cash equivalents, and available-for-sale investments, with no outstanding debt. This strong liquidity position provides Rigetti with substantial flexibility for future expansion, research and development, and strategic partnerships. The collaboration with C-DAC is timely, aligning with a global trend of accelerating government investments in Quantum Computing. Global government funding for quantum initiatives reached $1.8 billion in 2024 and is projected to exceed $10 billion by early 2025. This expanding market provides significant opportunities for Rigetti to leverage its expertise and secure further strategic collaborations. Founded in 2013, Rigetti specializes in engineering and operating advanced quantum computers utilizing superconducting circuits, emphasizing a full-stack integration of both hardware and software. Expert Commentary: Analyst Outlook and Price Targets Wall Street analysts maintain a consensus "Strong Buy" rating on Rigetti Computing. The average price target for RGTI stands at $17.83, suggesting an 18% potential upside from current levels. Some analysts project an even higher price target of $20, which would represent a 32% potential upside. Needham has reiterated a "Buy" rating on RGTI with an $18 price target, while Cantor Fitzgerald initiated coverage with an "Overweight" rating and a $15 price target. Analysts are particularly optimistic about Rigetti's ability to reduce its losses in the near term. Looking Ahead: Path to Reduced Losses and Future Innovations Looking forward, analysts anticipate a notable improvement in Rigetti's financial performance. The company's loss per share is projected to narrow by 37.5% year-over-year to $0.05 in Q3. For the current fiscal year, the loss per share is expected to decrease by 22% annually to $0.28, followed by a further 32% improvement to a $0.19 loss per share in the next fiscal year. Rigetti also has an ambitious technological roadmap, expecting to release a 100+ qubit chiplet-based system with 99.5% median two-qubit gate fidelity before the end of 2025. Key factors to monitor in the coming periods include the successful integration and impact of the C-DAC partnership, continued advancements in quantum hardware development, and broader investor sentiment within the high-growth Quantum Computing sector. The company's strong cash position is expected to provide continued flexibility as it navigates its path towards commercial scaling and profitability.
Dr. Subodh Kulkarni is the President of Rigetti Computing Inc, joining the firm since 2022.
The current price of RGTI is $19.14, it has decreased 0.41% in the last trading day.
Rigetti Computing Inc belongs to Semiconductors industry and the sector is Information Technology
Rigetti Computing Inc's current market cap is $6.2B
According to wall street analysts, 8 analysts have made analyst ratings for Rigetti Computing Inc, including 2 strong buy, 10 buy, 1 hold, 0 sell, and 2 strong sell
Trying to figure out if you're late to the party or just in time to be the exit liquidity, fren? Rigetti Computing (RGTI) is moving today without any specific company news or fresh sentiment data. The move is likely driven by broader market mechanics or technical trading, as analyst ratings remain positive but don't point to a sudden catalyst.
Here’s the breakdown of what’s going on—and what isn’t.
Analyst Outlook is Positive, But Stale: Analysts are generally bullish on RGTI, with a consensus "BUY" rating and a mean price target of around $19.21. With the stock currently trading at $18.875, this suggests they see some modest upside, but it's not a signal for a massive breakout today. This is a long-term view, not a daily trading signal.
The Catalyst Void: My scans for the past week show a whole lot of nothing. No press releases, no major SEC filings, no significant insider trades, and social media is quiet. When a stock moves on no news, you're either very early or you're the sucker at the table.
So, What Gives? When there are no fundamental drivers, price action is usually caused by one of these:
Bottom line: trading RGTI today is a pure momentum play, which is a fancy way of saying you're gambling. Instead of chasing price action blindly, you'd be better off tracking what smart money is doing in the tech sector on Edgen Radar to see if there's real conviction behind the move.
Don't be the guy who buys the top of a nothing-burger pump, anon.