Chipmaker Cerebras indicated to open about 90% higher in U.S. market debut
CTV News
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Shares of Cerebras Systems were indicated to open 90 per cent higher than their IPO price in the U.S. market debut on Thursday, as the chipmaker rides a wave of investor euphoria for companies that are at the heart of the artificial intelligence boom.
Cerebras IPO valuation hits $67B
- Cerebras prices its IPO above range, raising $5.55 billion on AI chip frenzy Quartz —
- Cerebras to Kick Off Hotly Anticipated Year for Artificial-Intelligence IPOs Wall Street Journal —
- Cerebras Raises $5.55 Billion in Year’s Biggest IPO Bloomberg —
- AI Chipmaker Cerebras Expects to Price Its IPO at $185 Per Share Bloomberg —
- AI chipmaker Cerebras raises $5.55 billion in year’s biggest IPO 📹 Bloomberg — · 2min