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Rigetti's Stock Plummets 50% on Quantum Computing's Long-Term Outlook
Rigetti Computing, a leading quantum computing company, experienced a 50% stock price drop after NVIDIA's CEO projected a 20-year horizon for commercially viable quantum computers, exposing the speculative nature of its 250 P/S valuation despite potential high revenue growth.
Rigetti's Stock Plummets 50% on Quantum Computing's Long-Term Outlook
Rigetti Computing, a leading quantum computing company, experienced a 50% stock price drop after NVIDIA's CEO projected a 20-year horizon for commercially viable quantum computers, exposing the speculative nature of its 250 P/S valuation despite potential high revenue growth.
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