Is Rigetti the Next NVIDIA, and Should You Buy the Stock?

Key Takeaways RGTI shares have soared 1147.6% over the past year, outperforming NVDA's 54.5% gain during the AI boom. Rigetti released new QPUs and partnered with NVDA to create a hybrid AI system combining QPUs and GPUs. RGTI's Q1 revenues fell 52.5% while operating costs rose 22%, straining cash amid rising industry rivalry. The biggest beneficiary of the artificial intelligence (AI) boom is NVIDIA Corporation (NVDA) , with its shares increasing by 54.5% over the past year. It is the leading manufacturer ...