Why Rigetti Computing Stock Skyrocketed 15.4% Today

By Johnny Rice – Dec 4, 2025 at 4:23PMKey PointsJohn Martinis, one of this year's Nobel Prize winners, is "worried" that the U.S. quantum industry may now be just "nanoseconds" ahead of China.The quantum researcher said that the White House is "now moving on to quantum" as its next area of strategic focus.These 10 Stocks Could Mint the Next Wave of Millionaires ›NASDAQ: RGTIRigetti ComputingMarket Cap$8.6BToday's Changeangle-down(15.34%) $4.00Current Price$30.04Price as of December 4, 2025 at 3:58 PM ETChina is closing the quantum gap.Shares of Rigetti Computing (RGTI +15.34%) flew higher today, finishing up 15.4%. The jump came as the S&P 500 and Nasdaq Composite both gained slightly. John Martinis, one of this year's Nobel Prize winners, told Bloomberg News that China has "caught up quickly" in the race to build a working quantum computer. He said he's now "worried that maybe we're nanoseconds ahead of them." ExpandNASDAQ: RGTIRigetti ComputingToday's Change(15.34%) $4.00Current Price$30.04Key Data PointsMarket Cap$9BDay's Range$25.54 - $30.2052wk Range$2.88 - $58.15Volume2.3MAvg Vol81MGross Margin-6849.48%Dividend YieldN/A China is gaining ground In his interview released on Wednesday, Martinis said that it was critical for the U.S. to maintain its edge, while also making it clear just how much that edge has shrunk. The researcher has visited the Trump White House several times -- with his most recently visit happening just a few weeks ago -- to discuss quantum technology, which the Trump administration believes is a matter of national security. Image source: Getty Images. Martinis said that after bolstering domestic artificial intelligence (AI) efforts, the White House is "now moving on to quantum." That statement helped renew speculation that the administration would take a direct stake in one or more quantum companies, as it has in semiconductor and critical mineral companies. Rigetti is in the red This may happen, but at this point it is pure speculation on the part of investors. What I do know is that Rigetti's nearly $9 billion market capitalization looks awfully inflated against the company's $7.5 million in sales over the last twelve months -- the same period in which it recorded a $350 million loss. I would not own Rigetti stock. Advertisement About the AuthorJohnny Rice is a contributing writer for The Motley Fool covering tech stocks. He previously contributed to various financial publications.TMFJohnnyRiceRead NextDec 3, 2025 •By Anders BylundRigetti Computing Stock Plunged 42% Last Month. Here's Why.Nov 29, 2025 •By David Jagielski, CPARigetti Computing Posted a $201 Million Loss Last Quarter, but This Is the More Important Number for Investors to Focus OnNov 29, 2025 •By Trevor JennewinePrediction: This Stock Market Bubble Will Burst in 2026 and 3 Popular Stocks Will Crash (Hint: Not Artificial Intelligence)Nov 20, 2025 •By Robert IzquierdoBetter Quantum Computing Stock: Quantum Computing Inc. vs. Rigetti ComputingNov 19, 2025 •By Rich SmithAll It Takes Is $2,500 Invested in This Quantum StockNov 19, 2025 •By Adam Spatacco1 Popular Quantum Computing Stock to Sell Before It Falls 20%, According to a Wall Street Analyst