Why Rigetti Computing Inc. (RGTI) Went Up On Monday?

We recently published a list of AI Stocks Dominate Monday’s Top 10 Performers. In this article, we are going to take a look at where Rigetti Computing Inc. (NASDAQ:RGTI) stands against other AI stocks that dominate Monday’s top performers.

The stock market finished mixed on Monday as investors remained cautious over the escalating trade tensions globally, with President Donald Trump threatening to slap China with another 50-percent tariff if the latter does not withdraw a countermeasure.

The Dow Jones declined by 0.91 percent, while the S&P 500 dropped by 0.23 percent. In contrast, the tech-heavy Nasdaq inched up by 0.10 percent.

Meanwhile, 10 companies, predominantly in the Artificial Intelligence sector, bucked an overall market pessimism, posting strong gains during the day.

In this article, we have identified Monday’s top performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume.

A close up of an engineer typing at a quantum computing station in a modern office space.

Rigetti Computing Inc. (NASDAQ:RGTI)

Rigetti Computing jumped by 11.07 percent on Monday to finish at $8.33 apiece as investor sentiment was fueled by the recent rebound in AI stocks that spilled over into the company.

RGTI traded higher alongside its quantum computing peers namely IonQ Inc. (NYSE:IONQ) and Super Micro Computer Inc. (NASDAQ:SMCI), and other individual stocks riding the AI boom.

In recent news, Defiance ETFs launched the RGTX, the Defiance Daily Target 2X Long RGTI ETF, a single-stock ETF designed to provide amplified exposure to RGTI.

The ETF offers traders a way to seek enhanced returns on RGTI without requiring a margin account.

According to Defiance ETFs, RGTX seeks daily investment results that correspond to 200 percent of RGTI’s daily percentage change.

“RGTX offers investors a way to seek leveraged exposure to RGTI, a known leader in quantum computing technology,” said Sylvia Jablonski, CEO of Defiance ETFs. “As Rigetti continues to develop its proprietary quantum processors and expand its Quantum Computing as a Service (QCaaS) platform, this ETF provides a trading tool for those looking to engage with the company’s market performance.”

Overall, RGTI ranks 5th on our list of AI stocks that dominate Monday’s top performers. While we acknowledge the potential of RGTI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RGTI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.