If You'd Invested $1,500 in Rigetti Computing Stock 1 Year Ago, Here's How Much You'd Have Today

Group 1: Quantum Computing Overview - Quantum computers represent the next innovation in computing, utilizing qubits instead of traditional bits to process data more efficiently and solve complex calculations [2][6] - The potential applications of quantum computing include the development of more effective drug treatments and new sources of clean energy [3] Group 2: Market Performance and Investment Potential - A small group of quantum computing stocks has seen significant market success, with some stocks, like Rigetti Computing, achieving returns over 20 times their initial investment in the past year [5][6] - Rigetti Computing announced a 36-qubit system with a 99.5% median two-qubit gate fidelity, indicating progress in the accuracy of its quantum systems [4][6] - An investment of $1,500 in Rigetti a year ago would have grown to $36,500, highlighting the phenomenal returns in this sector, despite Rigetti still operating at a loss and having a market cap of nearly $6.5 billion [7]