Nvidia's Growth and Market Position - A 1,000investmentinNvidiaoverthepast10yearswouldhavegrowntoroughly265,840, largely driven by its data center GPUs for AI tasks [1] - Nvidia's revenue grew at a CAGR of 31% from fiscal 2014 to fiscal 2024, with analysts expecting a CAGR of 56% from fiscal 2024 to fiscal 2027 as the AI market expands [3] - Nvidia is the world's second-most valuable company with a market cap of 3.35trillion,butinvestorsseekingbiggergainsmightlooktosmall−capcompaniesinnascentgrowthindustries[4]QuantumComputingMarketPotential−Quantumcomputersusequbitstoprocessdatafasterthantraditionalbinarycomputers,thoughtheyarestillmassive,expensive,anderror−prone[6]−ThequantumcomputingmarketisexpectedtoexpandataCAGRof34.8335 million quantum computing stock, has rallied nearly 80% this year and aims to become a leader in the quantum computing niche [5] - The company designs and manufactures quantum integrated circuits and offers a cloud platform for developers to write quantum algorithms, making it a "full-stack" quantum computing company [8][9] - Rigetti went public via a SPAC merger in March 2022, despite the high costs of manufacturing, operating, and maintaining quantum computing hardware [10] Rigetti's Financial Performance and Challenges - Rigetti's revenue grew from 8millionin2021to13 million in 2022 but declined to 12millionin2023,missingitspre−mergerprojectionof34 million in 2023 [11] - The company faced challenges including uneven government contracts, leadership changes, rising interest rates, and persistent losses, leading to a stock price low of 0.38inMay2023[12]Rigetti′sTechnologicalAdvancementsandFuturePlans−Rigettilaunchedits9−qubitNoveraQPUinDecember2023,pricedat900,000, with orders from customers like SQMS, AFRL, and Horizon Quantum Computing [13] - The company plans to deploy its 84-qubit Ankaa-3 system by the end of 2024, a 36-qubit modular system in 2025, and a 100-qubit non-modular system by the end of 2025, with long-term goals for a 336-qubit system [14] - Analysts expect Rigetti's revenue to decline 8% to 11millionin2024butgrow4716.2 million in 2025 and surge 130% to $37.3 million in 2026 as it scales up its business [15] Rigetti's Speculative Potential - Rigetti's stock is priced at 9 times its 2026 sales, and while it has grand ambitions in the quantum computing market, it remains a highly speculative play with risks of running out of cash before scaling up [16]