Rigetti Computing is trading at $14.93 (+4.70%) as quantum and semiconductor sentiment improves, driven by a broad rebound in chip stocks and sector-wide momentum.
- The move is supported by broader market strength, with the Nasdaq and the PHLX Semiconductor Sector Index (SOXX) both rallying, lifting high-beta technology names.
- While no company-specific catalyst was reported today, investor optimism remains tied to the companyβs government-funded quantum projects and recent demand for its Novera QPU.