Rigetti Computing

RGTI

Market cap $8.49B

QBTS gains momentum after a proposed $100M CHIPS Act award, with growing commercial adoption and higher analyst-implied upside than RGTI.

Following President Donald Trump's recent announcement of $2.013 billion in federal incentives for quantum companies, Finbold has identified five stocks that stand to benefit the most as of May 29.

RGTI's 108-qubit Cepheus-1 launch and rising QPU demand strengthen its push toward quantum advantage and revenue growth.

While the U.S. government's recent $2 billion capital injection via the CHIPS and Science Act provides a significant operational runway, the more profound structural shift is happening at the commercial level. The industry has finally crossed the chasm from theoretical lab physics to utility-scale industrial infrastructure, driven by a rapid acceleration in enterprise bookings, the maturation of recurring cloud-based revenue models, and a structural pivot toward high-yield commercial wafer fabrication.

Why Jonathan Rose is bearish on PLTR

The Commerce Department signed letters of intent to provide about $2 billion in CHIPS Act funding to nine quantum companies, taking a minority equity stake in each. IBM is in line for the biggest share -- $1 billion toward a new U.S. quantum chip foundry -- and its stock jumped double digits.

QBTS gains traction with record bookings and expanding system sales, while Rigetti Computing bets on long-term gate-model breakthroughs.

May 2026 has been a rollercoaster month for companies in the quantum computing industry, as leaders like D-Wave Quantum Inc. NYSE: QBTS, IonQ Inc. NYSE: IONQ, and Rigetti Computing NASDAQ: RGTI fell for much of the month, despite some promising Q1 results, before surging sharply toward month-end.

The IPO market is waking up again, and few offerings have generated as much buzz as SpaceX.

Recently, Zacks.com users have been paying close attention to Rigetti Computing (RGTI). This makes it worthwhile to examine what the stock has in store.