Company Overview - Rigetti Computing has seen its shares increase by over 3,170% in the last 12 months, turning a $10,000 investment into approximately $327,000, driven by excitement around its quantum computing technology [2] - The company specializes in quantum computing, which utilizes qubits to enhance problem-solving capabilities compared to traditional computing [3] Industry Insights - The quantum computing sector has gained significant attention on Wall Street, particularly after Google's release of its quantum chip, Willow, which outperformed traditional supercomputers [3] - Rigetti and other pure-play quantum stocks provide investors with direct exposure to an industry previously dominated by diversified tech giants, contributing to the overall rise in share prices [4] Business Model - Rigetti's business model includes vertical integration, allowing it to design and manufacture quantum chips in-house, which enhances control over hardware and opens potential foundry service opportunities [5] - The company's "made-in-America" approach aligns with current U.S. political trends favoring onshoring of next-generation technologies, potentially attracting funding from government agencies like DARPA, which previously awarded Rigetti an $8.6 million grant [6]