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Why Is Rigetti Computing Stock Sinking Tuesday? - Rigetti Computing (NASDAQ:RGTI)

The MOU aims to advance indigenous quantum hardware and cryogenic electronics, supporting India's semiconductor ecosystem growth, officials said.

Summary by Benzinga
Rigetti Computing, Inc. shares slid amid market turbulence due to rising Treasury yields. They announced a strategic collaboration with India's C-DAC to co-develop hybrid quantum computing systems for government labs and academic institutions.

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Globe Newswire broke the news in on Tuesday, September 2, 2025.
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