Rigetti Computing (NASDAQ: RGTI) has seen a significant decline, with shares dropping over 40% from last month’s peak, although they have increased nearly 2,000% over the past year. The company is focused on the expansive quantum computing market, which Boston Consulting Group estimates could yield economic value of $450 billion to $850 billion by 2040, leading to a hardware and software market worth $90 billion to $170 billion. Investors should consider these factors before deciding to invest in Rigetti after its recent pullback.
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