RGTI Stumbles on Weak Q3 and DARPA Phase B Miss: Time to Hold or Fold?
Key Takeaways RGTI faces weak Q3 results with lower revenue, tighter margins and a DARPA Phase B setback.RGTI is adding system sales and partnerships, reinforcing government ties despite volatile revenue.RGTI reiterates goals for 100 qubits in 2025 and larger systems through 2027 as its roadmap advances.Rigetti Computing (RGTI) has come under renewed pressure, with shares dipping 14.6% over the past month as investors react to a mix of technological progress and concerning execution setbacks. The company’s ...