@Altruistic_Dr2 2 months ago
Update on quantum stocks RGTI, QUBT, and QBTS
Update on quantum stocks RGTI, QUBT, and QBTS
Some updates on the quantum computing sector based on recent news.
Rigetti Computing (RGTI) mentioned on their Q3 call that their current Fremont fab is good through 2027, but they will need a better facility to hit the fidelity levels required for commercial systems. They are looking at government initiatives, partnerships, or building a modern 200-300mm fab to handle this. The stock is up quite a bit YTD but trades at a high valuation compared to peers.
Quantum Computing Inc (QUBT) shipped its first commercial entangled-photon source to a research group in South Korea. They are scaling up production at their Arizona foundry and trying to move from pure research to actual product sales.
D-Wave (QBTS) has moved its Advantage2 system from limited preview to full commercial availability. The system has over 4,400 qubits and is accessible via their cloud service.
finance.yahoo.com
| Can Rigetti's Need for a Quantum Fab Reshape Its Long-Term Moat?

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