Are there any changes to the company’s capital‑expenditure plans or cash‑flow outlook that could affect its balance sheet stability?

Answer

The press release does not contain any explicit revision to Rigetti’s capital‑expenditure (CapEx) budget or to its cash‑flow outlook for the remainder of 2025. The only operational update is the launch of the 36‑qubit multi‑chip system, which signals a continued investment in hardware development but, without a stated spend plan, it does not immediately alter the company’s balance‑sheet assumptions.

From a fundamentals perspective, the absence of a new CapEx or cash‑flow guidance means the market must still rely on the existing financials disclosed for Q2. If the 36‑qubit system translates into higher revenue pipelines, the company could eventually need to fund larger production runs, potentially pressuring liquidity. Until Rigetti issues a forward‑looking statement—e.g., a revised cash‑burn runway or a CapEx increase—its balance‑sheet stability remains anchored to the Q2 cash‑position disclosed in the earnings release.

Trading implication – With no concrete change to spending or cash‑flow guidance, the stock’s near‑term price action will continue to be driven by broader market sentiment toward quantum‑computing exposure and the technical trend of the RGTI chart (which has been in a modest up‑trend on the daily/weekly time frames). Traders can remain long on momentum if the price holds above recent support (≈ $2.30) and the sector remains bullish, but should keep a tight stop and monitor upcoming earnings calls or investor updates for any revision to CapEx or cash‑flow forecasts that could trigger a re‑assessment of balance‑sheet risk.