poisar

Stocks · News reference

Rigetti Locks in $100 Million US Funding Deal, and Washington Gets an Equity Stake

BenzingaAnusuya Lahiri

Rigetti Computing (RGTI) stock jumped 6% premarket after securing $100M in U.S. CHIPS Act funding for quantum computing R&D. Read more.

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. BenzingaBenzinga News-desk

    Shares of semiconductor and chip companies are trading lower as rising inflation concerns and elevated energy prices fuel expectations for further Fed rate hikes. Elevated borrowing costs could pressure semiconductor manufacturing and AI infrastructure investments while straining customer budgets. The Philadelphia Semiconductor Index (SOX) has declined for seven consecutive trading sessions, matching its longest losing streak since the 2008 financial crisis.

  2. The Motley FoolMicah Zimmerman

    Quantum Computing Is Still Years Away. These 6 Stocks Show Who Is Closest to Real Revenue.

    Quantum computing companies remain years away from profitability, with most relying on stock sales rather than customer revenue. IBM has the financial capacity to wait until 2028-2029, IonQ shows real revenue growth but heavy cash burn and dilution, while D-Wave and Rigetti have promising bookings but minimal revenue. Alphabet and Nvidia are positioned as bystanders rather than quantum revenue stories.