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Rigetti Stock Sets Record High as AI Momentum Fuels Rally

Investor enthusiasm tied to Nvidia’s AI expansion helped drive heavy buying in the quantum computing company.

Overview

  • Rigetti shares set a new intraday record at $32.40 and closed up 10.89% at $31.46.
  • The stock ranked among Tuesday’s top performers as investors piled into AI- and quantum-linked names.
  • Sentiment was boosted by Nvidia’s aggressive AI push, which often lifts companies seen as adjacent to its ecosystem.
  • Coverage also linked the move to reports of U.S. interest in updating its quantum strategy, which were cited without independent confirmation.
  • The article’s authors noted Rigetti’s potential but argued some other AI stocks may offer better risk-reward in the near term.