The quantum computing hype train has hit turbulence. While most quantum ETFs are on the downhill ride, one ETF is cashing in on the chaos and another is staying resilient. • RGTI shares are sliding. See the full story here.After months of speculative frenzy, Rigetti Computing Inc (NASDAQ:RGTI) stock is tumbling back to earth along with fellow quantum player D-Wave Quantum Inc (NYSE:QBTS), closing Monday down 11.63% and 10.71%, respectively. Rigetti’s rally last week was sparked by a report that the U.S. gov ...

Group 1: Core Announcement - IBM has announced the development of Starling, the world's first large-scale fault-tolerant quantum computer, set for release in 2029, which will operate 20,000 times more operations than current quantum machines [1][2] Group 2: Importance of Fault Tolerance - Starling's fault tolerance enables practical applications in various industries, including drug discovery, semiconductor design, supply chain optimization, and financial risk modeling [2] Group 3: Market Performance - Following the announcement, IBM's stock reached an all-time high of $273.27 on June 9, with a 60% increase over the past year, significantly outperforming the S&P 500's 12% gain during the same period [3] Group 4: Technical Innovation - IBM's new quantum error correction code, qLDPC, is more efficient and scalable than Google's surface code, requiring fewer qubits and less physical space [4][5] Group 5: Industry Outlook - The quantum computing industry is projected to expand to $8.6 billion by 2028, indicating a significant shift towards fully integrated, large-scale quantum systems [6] Group 6: Quantum Computing ETFs - Quantum Computing ETFs include a mix of Big Tech leaders, quantum startups, and semiconductor firms, such as Defiance Quantum ETF (QTUM), Global X Future Analytics Tech ETF (AIQ), and ARK Innovation ETF (ARKK) [8]