CNBC
US · 2 hrs ago
✦ 78◉ Centre
Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO
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Cerebras Systems, an AI chipmaker, nearly doubled its stock price on its Nasdaq debut and reached a market capitalisation exceeding $100 billion, capitalising on strong investor demand for artificial intelligence companies.
Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO
Cerebras is taking advantage of a bull market for silicon, as the chipmaker becomes one of the most notable pureplay AI IPOs to date.
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