On June 15, Rigetti Computing rose 7.2% in regular trading, trading at $23.47/share, with turnover of $191 million. The rebound was driven by a broad semiconductor sector rally and sustained quantum computing policy support.

On the news front, the U.S. Department of Commerce previously announced approximately $2 billion in aggregate investment across nine quantum computing companies, with Rigetti receiving roughly $100 million. This was further bolstered by IBM's $10 billion quantum computing investment plan, providing medium-term valuation support. The stock had previously pulled back from its May 22 high due to executive Rivas David's planned sale of approximately 499,000 shares worth around $12.68 million, capital diversion from Quantinuum's public listing reducing Rigetti's scarcity premium, and broader semiconductor sector weakness. The stock touched a low of $20.53 on June 9.

Within the Semiconductors sector, the overall rally was robust. Among individual stocks, Advanced Micro Devices rose 9.12%, Micron Technology rose 8.62%, Intel rose 6.24%, Marvell Technology rose 5.57%, and NVIDIA rose 2.12%. The sector-wide recovery combined with oversold technical repair momentum supported the continuation of Rigetti's rebound.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)