Rigetti Computing (RGTI) Hits New Record as JPMorgan Bares Quantum Computing Backing

Group 1 - Rigetti Computing Inc. (NASDAQ:RGTI) experienced a significant surge, reaching a record high of $55.23 before closing at $54.91, marking a 25.02% increase in one day [1] - The surge in Rigetti's stock price is attributed to JPMorgan's announcement of a $1.5 trillion investment plan over the next 10 years, which includes $10 billion earmarked for companies in 27 critical industries, including quantum computing [2] - Rigetti Computing received new orders worth $5.7 million for its 9-qubit Novera computing system, which is designed for research in quantum computing, focusing on areas such as qubit operation and developing efficient quantum algorithms [3] Group 2 - Rigetti's stock performance is positively correlated with other quantum computing companies, such as D-Wave Quantum Inc. and Quantum Computing Inc., following the investment news from JPMorgan [2]