Article 75KSE Cerebras AI Wafer Sized Compute Raises IPO Price Nearly 20%

Cerebras AI Wafer Sized Compute Raises IPO Price Nearly 20%

by
Brian Wang
from NextBigFuture.com on (#75KSE)
Story ImageAI giant wafer chipmaker Cerebgas is raising its IPO price $185 per share instead of earlier $150-$160 price range. The order book was oversubscribed 20+ times. Bloomberg reports they are offering 30 million shares and will raise ~$5.55 billion. The order book is over 20x+ oversubscribed. Cerebras will try to challenge NVIDIA. Amazon plans to ...

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