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Barchart
Barchart
Mikhail Fedorov

Buying CBRS Stock After the Cerebras IPO Is a Bet on Engineering Magic. That Same Magic Could Be the Kiss of Death.

Cerebras Nvidia IPO Architecture Semiconductor AMD GSK TSMC

Today promises to be very important for the entire tech sector. Why? Shares of Cerebras will begin trading on the Nasdaq Exchange. Without exaggeration, this is the most important public debut in the semiconductor industry since Arm (ARM).

Cerebras appears to be coming public at the perfect time. The initial price range was revised upward against the backdrop of colossal demand from institutional investors — they speak of a 20-fold oversubscription. At the target range of $150-$160 per share, the capitalization of Cerebras closely approaches the $48.8 billion mark. Even more tantalizing, the company is expected to actually price at $185. 

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