Reported about 10 hours ago
After Rigetti Computing's stock soared by 48%, CEO Subodh Kulkarni advised investors to temper their expectations, emphasizing that the company is still in the technology development phase and not yet ready for significant sales growth. He noted that while the quantum computing sector is generating hype, real profitability may take several years, despite the company experiencing a significant stock price increase of over 777% in the past year.
Source: YAHOO