New York Post
US · 2 hrs ago
✦ 78◉ Centre
Cerebras shares skyrocket 89% in debut as AI frenzy sends chipmaker’s market cap above $100B
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Cerebras, an AI chipmaker based in California, surged 89% on its first day of trading, achieving a market capitalization exceeding $100 billion in what is the largest IPO of the year.
Cerebras shares skyrocket 89% in debut as AI frenzy sends chipmaker’s market cap above $100B
The Sunnyvale, Calif.-based firm's IPO is the largest so far this year and comes as AI-linked stocks push broader markets to record highs.
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