Quantum Computing Is Way Behind AI, but Both Are Powering Tech Stocks
Google (GOOGL.US) quantum chip Willow creates a wave, and quantum computing stocks soar again.
On Friday, quantum computing Stocks continued to rise, driven by Google's revolutionary quantum chip, Willow, attracting a large number of traders to Buy.
Rigetti Computing Options Spot-On: On December 13th, 108.46K Contracts Were Traded, With 330.29K Open Interest
On December 13th ET, $Rigetti Computing(RGTI.US)$ had active options trading, with a total trading volume of 108.46K options for the day, of which put options accounted for 18.22% of the total
Rigetti Shares Are Trading Higher. The Stock May Be Moving in Sympathy With Google Which Recently Released Its Willow Quantum Computing Chip.
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Wall Street is hot on quantum computing stocks, but Google's quantum chip does not actually possess computing power.
Google unveiled its new "quantum chip" Willow this Tuesday, causing its parent company Alphabet and related Stocks to surge significantly this week. However, Analysts indicate that quantum computing is still a long way from any commercial use and advise investors not to get overly excited due to the recent rise.
Rigetti Computing Options Spot-On: On December 12th, 126.64K Contracts Were Traded, With 298.26K Open Interest
On December 12th ET, $Rigetti Computing(RGTI.US)$ had active options trading, with a total trading volume of 126.64K options for the day, of which put options accounted for 35.22% of the total
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Rigetti Computing Options Spot-On: On December 11th, 215.7K Contracts Were Traded, With 258.41K Open Interest
On December 11th ET, $Rigetti Computing(RGTI.US)$ had active options trading, with a total trading volume of 215.7K options for the day, of which put options accounted for 27.49% of the total
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