Rigetti Computing– no quantum leap for overvalued shares

Rigetti Computing (Nasdaq: RGTI) is a company that illustrates both the promise and pitfalls of quantum computing. Over the past decade interest in the field has grown rapidly. The hope is that quantum technology could lead to an exponential increase in the speed with which computers process data. The need for processing power has grown ever more acute due to the demand created by AI. Some optimists argue that it is matter of when, not if, quantum computing has its “ChatGPT moment”. However,