Rigetti Computing Inc. Sees Strategic Investment and Market Fluctuations

In a significant development for the quantum computing sector, Rigetti Computing, Inc., a leader in full-stack quantum-classical computing, has successfully closed a strategic investment deal with Quanta Computer Inc.. On April 30, 2025, Quanta, a major player in the electronics manufacturing industry, invested approximately $35 million in Rigetti by purchasing shares at around $11.59 each. This investment is part of a broader collaboration aimed at advancing quantum computing technologies, underscoring the growing interest and confidence in the potential of quantum solutions.

The investment by Quanta, a Taiwan-based company listed on the Taiwan Stock Exchange (TWSE: 2382.TW), highlights the strategic importance of quantum computing in the global tech landscape. Quanta’s involvement not only provides Rigetti with crucial financial backing but also strengthens its position in the competitive quantum computing market. This partnership is expected to accelerate the development and deployment of quantum technologies, leveraging Rigetti’s expertise in designing and developing quantum computers and superconducting quantum processors.

Despite the positive news surrounding the investment, Rigetti’s stock experienced volatility on April 30, 2025. The company’s shares closed at $9.14, reflecting a decline from the investment price. This fluctuation has sparked discussions among investors and analysts about the stock’s performance and future prospects. While some sources, such as Insider Monkey and Finance Yahoo, have highlighted Rigetti as one of the best oversold NASDAQ stocks to buy, others, like Seeking Alpha, have expressed skepticism, suggesting that the stock may not even be worth a speculative bet.

Adding to the complexity of the market sentiment, BlackRock, Inc., one of the world’s largest asset managers, increased its stake in Rigetti on May 1, 2025. This move by BlackRock, alongside other tech giants like Apple, Amazon, Meta, Microsoft, and Nvidia, indicates a growing institutional interest in Rigetti’s long-term potential despite short-term market fluctuations.

As Rigetti continues to navigate the dynamic landscape of quantum computing, the recent investment by Quanta and the increased stake by BlackRock signal a strong vote of confidence in the company’s future. Investors and industry watchers will be closely monitoring Rigetti’s progress in leveraging these strategic partnerships to drive innovation and growth in the quantum computing sector.