From chips to quantum computers?
Last Update: 25/12/2024
Rigetti Computing’s recent stock market performance, outperforming NVIDIA’s, may reflect investors’ enthusiasm for the potential of quantum computing.
From the chart of the strength ratio between the two stocks, it can be seen that the bullish trend has stalled since last October, so much so that it fell below the threshold of the 200-day exponential average for several weeks.
According to many analysts, what happened between NVIDIA and Rigetti Computing could represent one of next year’s trends, namely the shift from technology companies with slowing growth rates to new hi-tech companies with better growth potential.
Although Rigetti reports modest revenues and continued losses, its technological advances and increased liquidity seem to have generated optimism. In contrast, NVIDIA, while remaining a leader in AI and GPUs, has faced challenges such as slowing growth in some segments and fears of market overvaluation, factors that may have adversely affected its recent performance.
