Quantum Leap of Faith: US Govt's $100M Boost for Rigetti Computing Raises More Questions Than Answers The recent surge in shares of Rigetti Computing Inc.
following the US government's $100 million backing has left investors wondering if this is a case of good news being too good to be true.
The investment, part of the CHIPS and Science Act signed into law in August 2022, aims to revitalize the US semiconductor industry by providing billions of dollars in federal incentives.