iCEO Subodh Kulkarni reported a breakthrough 2-qubit gate fidelity of up to 99.9% at 28-nanosecond gate speed on its ProDrive platform via the proprietary Adiabatic CZ scheme.

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Rigetti Computing received an $8.4M order from India’s Centre for Development of Advanced Computing (C-DAC) for a 108-qubit quantum computer using Rigetti’s chiplet-based architecture.

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Rigetti Computing has pushed general availability of its 108-qubit Cepheus-1-108Q system to the end of Q1 2026.

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$RGTI

Wedbush Securities has initiated coverage on quantum computing stocks, assigning Outperform ratings to IonQ ($60), Rigetti ($35), and D-Wave Quantum ($35), and a Neutral rating to Quantum Computing ($12)

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$IONQ $RGTI $QBTS

IonQ, D-Wave Quantum, and Rigetti Computing were in focus as Jefferies initiated coverage of the quantum computing sector, assigning Buy ratings to IonQ and D-Wave Quantum and a Hold rating to Rigetti Computing.

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Rigetti Computing reported a Non-GAAP EPS of -$0.03, beating estimates by $0.01, on revenue of $1.95 million, missing by $0.22 million

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$RGTI

Nvidia has unveiled NVQLink, a new system designed to connect quantum computers with its AI chips, marking a major step toward merging quantum and classical computing.

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Quantum computing stocks jumped Thursday after reports suggested the Trump administration was in talks to take equity stakes in several companies in the sector

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Rigetti Computing has secured a $5.8 million, three-year contract from the U.S. Air Force Research Laboratory (AFRL) to advance superconducting quantum networking.

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Rigetti Computing announced it has achieved 99.5% median two-qubit gate fidelity on its modular 36-qubit system—a twofold improvement in error rate over its prior 84-qubit Ankaa-3 chip.

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Quantum computing stocks fall as Nvidia CEO predicts widespread use is years away.

Video: youtube.com/shorts/l2GfB...

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Other quantum stocks also rose with D-Wave Quantum gaining 16%, Rigetti Computing climbing 32%, and IonQ adding nearly 5%.

Video: youtube.com/shorts/gvHBi...

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