Rigetti Stock Rises as IonQ-NVIDIA Deal Lifts Quantum Computing Sector

Rigetti Computing Inc. (NASDAQ:RGTI) shares are trading higher Wednesday in sympathy with IonQ Inc. (NYSE:IONQ) after that company announced it will bring the first quantum processor to NVIDIA Corporation (NASDAQ:NVDA)‘s Accelerated Quantum Research Center.

Quantum System to Power Hybrid Computing Research at NVIDIA Center

IonQ said it will be the first on-premise quantum computing deployment at the NVIDIA Accelerated Quantum Research Center, a facility designed to help scale quantum processors into a new class of accelerated quantum supercomputers. As part of the partnership, an IonQ Superion 256 system will be installed at the facility and directly linked with an NVIDIA GB200 NVL72 system via NVIDIA NVQLink, with workloads orchestrated by NVIDIA’s open CUDA-Q platform. The joint research program will focus on hybrid software development and large-scale system prototyping, targeting applications including portfolio optimization and risk modeling in financial services, materials science, and computational chemistry for drug discovery.

“Deploying our Superion 256 into cutting-edge environments, such as NVIDIA’s NVAQC will lead to developments allowing our partners to benefit from our scalable architecture and robust manufacturability,” said Niccolo de Masi, IonQ Chairman and CEO. “We see this as the beginning of an exciting era of hybrid quantum-classical computing.”