Investor enthusiasm for quantum computing has surged over the past year, particularly for Rigetti Computing (NASDAQ: RGTI), whose shares have more than doubled. An upcoming earnings report on Nov. 11 may introduce volatility in the stock price. While Rigetti holds significant promise in the quantum computing realm, its high valuation is not yet supported by revenue, as the company’s growth is primarily driven by advancements in its technology. This positions Rigetti and its peers in the early stages of a potentially lucrative industry.
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