Prediction: Rigetti Computing Stock Will Be Worth This Much in 1 Year

Quantum computers can use a concept called superposition to simulate multiple solutions to a problem simultaneously, so they're better than traditional computers at processing data-intensive workloads in areas like science and cryptography. However, despite their incredible potential, even the best quantum computers still make too many errors to be useful for solving real-world problems.Some estimates suggest this challenge could take decades to overcome, which is bad news for companies trying to commercialize their quantum systems today. Rigetti Computing (NASDAQ: RGTI) is one of the industry leaders right now, but it's still generating a minimal amount of revenue and burning through a ton of cash. Its stock is currently down by 60% from its peak, and here's where I predict it will be in one year from now.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool