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RGTI
Benzinga
6 days

Rigetti Computing Stays The Course In Push For Quantum Advantage

1. RGTI missed quarterly earnings and revenue estimates, reporting losses of 13 cents per share. 2. Analysts maintained bullish outlooks due to progress in RGTI's technology roadmap. 3. RGTI achieved a significant fidelity milestone with its 36-qubit processor, Cepheus-1. 4. Analysts expect RGTI will reach a 1,000-qubit system in the next three to four years. 5. Stock price rose by 1.31% to $16.41 following the announcement.

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FAQ

Why Bullish?

Despite missing estimates, analysts showed confidence, indicating long-term investment potential.

How important is it?

The article addressed key developments and future potential, influencing investor sentiment positively.

Why Long Term?

The roadmap to larger qubit systems suggests future price appreciation, similar to other tech advancements.

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