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The realm of quantum computing seems to be the next battleground for big-tech companies. With Google (GOOG) introducing its Willow quantum chip in December 2024 and Microsoft (MSFT) coming out with its quantum computing chip in Majorana 1 earlier this month, the battle is expected to be as fierce as the ongoing one in artificial intelligence (AI).
Anticipating a rise in quantum computing stocks in the future, analysts Benchmark have raised their price target on quantum computing pioneer Rigetti (RGTI).