Quantum computing firm Rigetti aims for major fidelity boost by 2030 to achieve quantum advantage.

Rigetti Computing is developing superconducting quantum computers, targeting a significant increase in qubit fidelity from 91% to 99.9% by around 2030, a milestone known as Quantum Advantage. Achieving this will enhance both the speed and accuracy of quantum computations, overcoming challenges like qubit decoherence. The company is financially strong and backed by U.S. investments, positioning it well for success. Analysts maintain a positive outlook on Rigetti's stock over the next 3 to 5 years based on these advancements.