Rigetti Stock Slips After a Delay. What the 108-Qubit System Means for RGTI [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
system pushed the stock lower after the company said it will shift the launch to the end of Q1 FY26. CEO Dr. Subodh Kulkarni said engineers are running extra tests and reworking tunable couplers to raise two-qubit gate fidelity, and the team plans another chip iteration to improve overall performance. Warning! GuruFocus has detected 4 Warning Signs with RGTI. Is RGTI fairly valued? Test your thesis with our free DCF calculator. Shares are down about 2% on early Monday trade. Rigetti reports strong gate fidelity on smaller systems, about 99.7% on its 9-qubit unit and 99.5% on the 36-qubit design, and it has reached a median 99% on its 108-qubit prototype. Still, scaling to higher qubit counts exposes fresh engineering challenges, and missing the 99.5% median fidelity target could delay broader customer access and slow commercialization. Investors often treat timing and milestones as critical in quantum hardware, so any slippage can alter near-term expectations. Rivals show mi
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