Quantum Computing Stock Surges 40% in July: Is It Wise to Invest Now?
In the rapidly evolving world of quantum computing, Rigetti Computing is making significant strides. The California-based company has recently reported a 99.5% two-qubit gate fidelity, a benchmark that demonstrates advances in quantum error correction and scalability [2][4].
This fidelity level represents a significant improvement, halving the error rate compared to its previous Ankaa-3 platform [2]. Rigetti's Cepheus-1-36Q superconducting quantum processor, which achieved this feat, is currently the highest two-qubit gate fidelity publicly reported in 2025.
Other notable players in the quantum computing industry include IBM, Google, IonQ, and Quantinuum. However, specific two-qubit gate fidelity scores for these companies are not detailed in the current results [3]. IonQ, a publicly traded company, is prominent in the quantum computing space, but specific fidelity metrics were not mentioned in the recent data [1].
Innovations in photonic quantum computing are also emerging, with companies like SciQuantum developing photonic qubits cooled with novel systems to scale chip numbers. However, technical fidelity specifics were not provided [5].
If Rigetti Computing successfully captures a fraction of the market opportunity by 2030, its stock could potentially double or triple from current prices. With a current market capitalization of approximately $5 billion, this could translate to substantial returns for investors.
However, it's important to note that the quantum computing market is still in its infancy, and there is a risk-reward profile associated with investing in Rigetti Computing's stock. As with any high-risk, high-reward investment, there is a risk that the stock could become worthless as easily as it doubles or triples.
Investors should ensure that a single company, including Rigetti Computing, doesn't make up more than a 1% position within a portfolio to mitigate risk. The success of Rigetti Computing's strategy in the quantum computing industry is yet to be determined.
Rigetti Computing's latest breakthrough came with the announcement of its Ankaa-3 system, which is the largest multichip quantum computer available. The system consists of four 9-qubit chips, and its achievement of a 99.5% two-qubit gate fidelity has put Rigetti Computing at the forefront of efforts to produce reliable, scalable quantum processors.
The annual demand for quantum computing is expected to range from $1 billion to $2 billion before 2030, mostly driven by research institutions. After 2030, the market is projected to experience significant growth, with annual demand reaching $15 billion to $30 billion [6].
In July, Rigetti Computing's stock increased by around 40%, and a few days ago, it was up around 50%. These fluctuations underscore the volatility of investing in this sector.
In conclusion, Rigetti Computing's 99.5% two-qubit gate fidelity sets it apart in the current competitive landscape, with other major companies recognised but less specifically on gate fidelity in recent reports [2][4][3]. As the quantum computing market continues to grow, investors will be closely watching Rigetti Computing's progress.
References:
- IonQ Q2 2022 Earnings Call Transcript
- Rigetti Computing Achieves 99.5% Two-Qubit Gate Fidelity with Cepheus-1-36Q Superconducting Quantum Processor
- IBM Quantum Quarterly Report Q2 2022
- Rigetti Computing's Roadmap to Quantum Advantage
- SciQuantum Raises $50 Million to Scale Photonic Quantum Computing
- Quantum Computing Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Application (Finance, Healthcare, Manufacturing, IT & Telecommunications, Energy & Utilities, Others), By Region, And Segment Forecasts, 2021 - 2028
- The rapid advancements in quantum computing, such as Rigetti Computing's recently reported 99.5% two-qubit gate fidelity, have sparked interest among investors looking to capitalize on the emerging financial potential of the technology.
- The financial sector, along with various business industries, is eagerly observing the progress of companies like Rigetti Computing in the quantum computing industry, with potential stock returns offering a significant return on investment (ROI).
- As the quantum computing market matures and demand steadily increases, finance experts predict that companies delivering reliable quantum processors with high fidelity scores, like Rigetti Computing, may hold great promise for those seeking high-risk, high-reward investment opportunities.
