5 Quantum Computing Stocks Challenging Jensen Huang’s Stance

2. Rigetti Computing (NASDAQ:RGTI)

Rigetti Computing designs and manufactures quantum processors and software tools that are instrumental in running quantum applications today. The company helps other firms seamlessly integrate quantum computing power into their existing infrastructure. RGTI also offers quantum cloud services, which allow its clients to access the power of quantum computing without having to build the hardware themselves.

RGTI generates over 90% of its revenue from customers looking to utilize this quantum computing power through the company’s cloud offerings. RGTI is one of those companies that continue to power real-world applications through their cloud services. If there was ever a quantum computing company that wanted to show Nvidia’s CEO what useful quantum computing looked like, it would be Rigetti Computing.

The company’s stock is up 18% and could run higher as the trading day progresses.