Quantum computing stocks took a wild turn in early 2025, with Rigetti Computing (RGTI) becoming the center of speculative trading, much like GameStop (GME) a few years ago. The stock skyrocketed by nearly 1,

Rigetti Computing is at the forefront of the quantum computing industry, but the company has a speculative stock valuation.

This is what's happening on Wednesday, as quantum computing investors cheer some kind words from Microsoft's strategic missions and technologies chief, Mitra Azizirad, who last night urged quantum investors to get ready, because "we are right on the cusp of seeing quantum computers solve meaningful problems and capture new business value."

The company plans to leverage this technology to create a 36-qubit system using four connected chips by mid-2025, followed by a 100-plus qubit system later in the year. Financial position strengthens amid soaring valuation Rigetti's financial position was significantly boosted by a capital raise last November.

Rigetti stock is up 1,756% in the last year — but 74% overvalued. Investors who did not buy Nvidia stock before GenAI wave, fear missing out on quantum computing.

Microsoft (MSFT) exec Mitra Azizirad wrote in a blog post on Tuesday, Jan. 14 that “We are at the advent of the reliable quantum computing era. And we are right on the cusp of seeing quantum computers solve meaningful problems and capture new business value.

Rigetti Computing and D-Wave Quantum, the second- and fourth-biggest gainers in the Russell 3000 Index on Tuesday, were up 22% and 24%, respectively. Peers Quantum Computing and I

Quantum Computing is a Real Thing according to Microsoft’s comments this morning. Shares of D-Wave Quantum Inc , Rigetti Computing and IonQ Corporation are