A message from Porter & Company I made a huge mistake… I thought what happened 25 years ago was a once-in-a-lifetime event… That it would never happen again… that it could never happen again. But I was dead wrong. Because here we are, a quarter of a century later, almost to the exact day, and it's happening again. And for those of you who understand what’s coming, this could be one of the greatest wealth-building phenomena of your life. But if you instead choose to bury your head in the sand… this force could wipe out years of investment returns and even destroy your financial future. Here's everything you need to know. 
25 years ago, I started telling friends, family, and anyone who would listen about an unprecedented societal shift that was barreling down on us. I'd discovered that a new technology was about to unleash massive, almost unimaginable, changes. I likened the impact to the railroad boom, the Industrial Revolution, and the rise of personal computing. At the time, I was working as an investment analyst for an elite research group, but my colleagues and bosses refused to listen to me. No matter what I said, they simply would not acknowledge the sands shifting beneath their feet. The legendary Dr. Kurt Richebächer – one of the world's leading Austrian economists – even called me and my ideas "radical." But I was certain this new technology would trigger a transformation that was simply unfathomable to most people and those on the frontier could reap financial returns unlike any the world had ever seen before. So, I decided to put my entire career – not to mention every cent I had – on the line to spread the story myself. I left my job as a research analyst... went home to my third-floor apartment in one of Baltimore's worst neighborhoods... and with a borrowed laptop I wrote my first financial prophecy. And in an investment paper that's now been read by more than one hundred thousand people... I explained how the endless miles of new fiber optic cables being laid was creating a new railroad across America. And that this new "railroad" was going to upend the telecommunications industry and pave the way for a new internet economy. I also warned it would decimate some of America's most dominant companies like AT&T. At the time, this was an outlandish idea, with analysts calling AT&T "dominant", "unstoppable", and "the giant that no other company can topple." But those who were willing to open their minds to my so-called "radical" ideas were not only able to sell these companies before they collapsed... They also had the chance to get in early on the firms that would go on to command this new internet economy: Amazon, Adobe, Qualcomm, SunMicrosystems, Uniphase, Texas Instruments... These are household names now but when I first recommended them in the late 90s, they were complete unknowns. Since then, I've issued a number of other financial prophecies, many of which have come to pass precisely as I predicted. But today, I'm stepping forward with a new exposé that I believe could surpass anything I've ever done... I'm calling it my Final Prophecy because I don't think we will ever again see a story that rivals the magnitude of this during my lifetime. I'm not talking about AI... quantum computing... augmented reality... the blockchain... or anything else you might be thinking of. No. This is far bigger than them all. In fact... It's the cornerstone that all our recent technological innovations have been built upon and the future will be built upon too. Yet you've likely never heard of it before. Outside of the labs in the world's most prestigious universities and tech companies, almost nobody has. But those who have... those who can see the writing on the wall... they're investing billions of dollars, as they know this will transform everything. Marc Andreessen... Ben Horowitz... Elon Musk... Jeff Bezos... Mark Zuckerberg...Jensen Huang... Bill Gates... the list goes on and on. They know, as I do, that in a few years from now, we will not recognize the world we live in. How we work, live, communicate, transact... it will all be completely upended by what's coming next. Today, for the first time, I'm going to share it all with you... and I promise you've never heard anything like this before. You see, despite the magnitude of this story, nobody is openly and freely discussing this technological turning point. And that deeply concerns me, because I believe its emergence will draw an indelible demarcation line in society. On one side, you'll have those who understand it, invest in it, and who are greatly enriched by it. On the other side... you'll have those who turn a blind eye and are impoverished by the sweeping changes it ushers in. I know what side I'll be on. And I know what side I want you to be on. So go here to watch my full investigation into this story. Including the names of the companies to buy and sell if you want to capitalize on the multi-trillion-dollar revolution this technology promises to usher in. Enjoy. Porter Stansberry
Today's Featured Article Rigetti Soars 30% on Latest Quantum Leap: What It Means Long-TermWritten by Leo Miller 
Key Points - Rigetti Computing just made a key announcement that spiked shares up.
- However, beyond the stock's surge, what does this latest press release reveal about the company's strategy going forward?
- Break through the technological jargon to understand why this announcement is so big for the future prospects of Rigetti shares.
Quantum computing stock Rigetti Computing (NASDAQ: RGTI) had a massive day on July 16. Shares rose 30% after the firm announced, “Rigetti Demonstrates Industry’s Largest Multi-Chip Quantum Computer; Halves Two-Qubit Gate Error Rate.” So, what does this actually mean, and why should quantum investors care deeply about this announcement? Monolithic vs. Multi-Chip: How Rigetti Is Taking a Step Back to Win Long-Term In quantum computing, a big debate is whether to use a monolithic or multi-chip approach. A monolithic approach involves creating a massive single-chip quantum computer. The multi-chip approach uses several smaller chips. These chips connect through a process called tiling. Multi-chip, modular, and chiplet are different terms used to describe this approach. As the quantum computing industry grows, many firms are moving from a monolithic approach to a multi-chip one. Notably, this includes Rigetti itself, as well as International Business Machines (NYSE: IBM). After years of pursuing the monolithic approach, Rigetti now believes that the modular approach is the “right way to go in the long term." According to researchers at Northwestern University, “practical implementations of quantum computation will require millions of physical qubits." For context, IBM’s latest monolithic Condor chip only has 1,121 qubits. The Northwestern researchers suggest that scaling a monolithic chip to millions of qubits is “very expensive or entirely unrealistic by current standards." They argue that large-scale quantum systems will need to adopt a multi-chip/modular approach to achieve this. For Rigetti, the announcement that it demonstrated the industry’s largest multi-chip quantum computer is a great sign. The tech company is pursuing and leading in the approach that these Northwestern researchers believe is more likely to result in a practical quantum computer. Continuing to stay ahead of the curve in the modular quantum approach could make Rigetti a huge winner over the coming years. Growing the number of qubits is essential to creating a practical quantum computer. Thus, investors may feel alarmed that Rigetti’s latest modular system uses only 36 qubits. This may seem like a step back from the company’s “84-qubit single chip Ankaa-3 system." However, notice that Ankaa-3 is a “single chip," or monolithic system. Creating modular systems introduces different technological problems. Thus, the company has to work through these new issues, causing the number of qubits to fall. Essentially, Rigetti is taking a step back so that it can take many more steps forward in the future. This is highly positive for Rigetti’s ambitions to be one of the top players in the future of quantum computing. Error Rates Fall, Setting RGTI Up For Bigger Announcements in 2025 Rigetti also stated it halved its “Two-Qubit Gate Error Rate." While growing the number of qubits is important, it is only relevant if the error rates in the system are staying the same or falling. So, it is an additional good sign that the new system halved the error rate versus Ankaa-3. Now, the company needs to increase the number of qubits while maintaining or further lowering error rates. That is exactly what Rigetti intends to do through the rest of the year. Rigetti said its latest results keep it “on track to release its 100+ qubit chiplet-based system” with the same error rates of the 36-qubit system by the end of 2025. If achieved, this would likely be an even bigger milestone for the company. The number of qubits and the error rate would both be better than Ankaa-3. This would come while the company shifts to the modular approach, which many believe can beat out the monolithic approach in the long run. The big takeaway? Rigetti is making strong progress toward leading the multi-chip quantum approach, which could pay off big time down the road. If it announces the completion of that +100 qubit system, Rigetti could also see another huge gain in shares in 2025. Rigetti Is Making Big Moves, But Fierce Quantum Competition Will Continue Overall, these developments are big wins for Rigetti. Still, the quantum computing industry is evolving rapidly, and at this point, no one truly knows which technology will win out in the end. However, the fact that IBM is also shifting to a modular approach validates Rigetti’s shift. It also introduces more competition for the company in this vertical. Investors should pay close attention to announcements coming from the key players in quantum computing. Prematurely deciding who will win the technological battle could cause serious pain.
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