RGTI "Science Project, Not a Business?" Long-Term "Patience May be Warranted"
Schwab Network · Schwab Network
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Show Notes
Rigetti Computing (RGTI) narrowed losses in its latest earnings, though Cory Johnson sees its $1.95 million in quarterly revenue as "ridiculously small." He compares the quantum company to a "science project selling to other science projects" and needs more time to develop. Ron Westfall adds to Cory's point by saying "patience may be warranted." However, he sees larger companies like IBM Corp. (IBM) paving the way for innovation which can open runways for smaller companies like Rigetti.
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