Cerebras set for debut in stock market gripped by AI mania

Adrian Bogdan

May 14 : Chipmaker Cerebras is set to make its U.S. market debut later on Thursday, as it looks to ride a wave of investor euphoria for companies that are at the heart of the artificial intelligence boom. The firm's IPO is the largest this year and comes as AI-linked stocks push broader markets to record highs despite challenges to global growth stemming from the Middle East conflict. The Sunnyvale, California-based chipmaker, which is a competitor to industry juggernaut Nvidia, raised $5.55

Cerebras set for debut in stock market gripped by AI mania https://www.channelnewsasia.com/ - 13:48

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Cerebras set for debut in stock market gripped by AI mania https://www.channelnewsasia.com/ - 13:48