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Quantum Computing Stocks: Rigetti Wins India Research Order

Investor's Business Daily
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⚡ Quantum Brief
India’s Center for Development of Advanced Computing (C-DAC) under the Ministry of Electronics ordered an $8.4 million quantum computer from Rigetti Computing, marking a major government-backed deal in the sector. The system will be installed at C-DAC’s Bengaluru facility, reinforcing India’s push to advance quantum research infrastructure amid global competition. Despite the high-profile order, Rigetti’s stock declined alongside other quantum computing firms as the Nasdaq composite retreated, reflecting broader market volatility. Honeywell’s quantum unit, Quantinuum, separately announced plans to file for an IPO, signaling growing investor interest in commercializing quantum technologies. The deal underscores Rigetti’s expanding international footprint but highlights persistent market skepticism toward quantum computing’s near-term profitability.
Quantum Computing Stocks: Rigetti Wins India Research Order

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BREAKING: Will SCOTUS Weigh In On Trump Tariffs? Rigetti Computing (RGTI) on Tuesday said India's Center for Development of Advanced Computing, part of the Ministry of Electronics and Information Technology, has placed an $8.4 million order for a quantum computer. But shares in Rigetti fell along with other quantum computing stocks amid a retreat in the Nasdaq composite. Rigetti said the system will be installed at C-DAC's Bengaluru… 1/14/2026 Honeywell said its‌ quantum computing unit Quantinuum will file for an IPO, adding to the growing number of quantum computing... 1/14/2026 Honeywell said its‌ quantum computing unit Quantinuum will file for... Bank stocks, after an unusually strong year, face many complex challenges and benefits in 2026. Will the rally continue? (© Dave Cutler)Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20!Get market updates, educational videos, webinars, and stock analysis.Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.Information in Investor’s Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or performance. Authors/presenters may own the stocks they discuss. We make no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies. Information is subject to change without notice. For information on use of our services, please see our Terms of Use.*Real-time prices by Nasdaq Last Sale. Real-time quote and/or trade prices are not sourced from all markets. Ownership data provided by LSEG and Estimate data provided by FactSet.IBD, IBD Digital, IBD Live, IBD Weekly, Investor's Business Daily, Leaderboard, MarketDiem, MarketSurge and other marks are trademarks owned by Investor's Business Daily, LLC.©2026 Investor’s Business Daily, LLC.

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Source: Investor's Business Daily