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Pathikrit Bose

DeepSeek AI Panic Dragged Rigetti Computing Stock Under. Is RGTI a Buy on the Dip?

DeepSeek Rigetti Computing RGTI China

As China’s DeepSeek continues to take the world by storm with its cheaper and more energy-efficient artificial intelligence (AI) models, companies at the forefront of the AI revolution have seen their stocks come under pressure. However, DeepSeek’s onslaught is not just restricted to tech titans like Nvidia (NVDA), Microsoft (MSFT) or Google (GOOG); stocks from the quantum computing industry are also reeling.

Names like Quantum Computing (QUBT), IonQ (IONQ), D-Wave Quantum (QBTS), and Rigetti Computing (RGTI) fell by as much as 9% on Jan. 27 in response to the news. 

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