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0 -0.000511508951406548 -0.00104859335038355 -0.00153452685422001 -0.000511508951406548 -0.00102301790281328 -0.00102301790281328 -0.00102301790281328
Stock impact report

Quantum Computing Stocks Are Surging. New Models From Nvidia Are Helping Drive the Rally. [Yahoo! Finance]

Rigetti Computing, Inc. - Common stock (RGTI) 
Company Research Source: Yahoo! Finance
Key Takeaways IonQ, D-Wave, Rigetti and other quantum stocks are rallying after Nvidia announced its latest AI models. The AI chip giant on Tuesday held a Quantum Day event where it showcased a new family of AI models designed for quantum computing tasks. Quantum computing stocks are rallying Wednesday, with a bit of help from AI chip leader Nvidia. Shares of Nvidia partners IonQ ( IONQ ) and Rigetti Computing ( RGTI ) were up 17% and 11%, respectively, in recent trading, after Nvidia ( NVDA ) on Tuesday announced a new family of AI models called Ising designed for quantum computing tasks. Other quantum computing stocks, including Quantum Computing ( QUBT ) D-Wave Quantum ( QBTS ), also gained. Nvidia shares were little changed. Nvidia said its new models can help correct errors created during the quantum computing process faster and more accurately than existing methods. Why This Matters to Investors Nvidia expanding its efforts in the quantum computing space could imp Show less Read more
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