Cerebras shares skyrocket 89% in debut as AI frenzy sends chipmaker’s market cap above $100B
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Source: New York Post
Published: 2026-05-15 03:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Economy & Finance, Financial Markets, Business & Economy, Technology
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Snippet:
Shares of chip designer Cerebras Systems soared 89% above the initial public offering price on their Nasdaq debut, extending the market’s unrelenting frenzy for companies seen as the biggest beneficiaries of the artificial intelligence boom.
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