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The Economic Times
The Economic Times
National
Shreya Biswas

Cerebras stock (CBRS) surges 90% on Nasdaq debut as AI chip race intensifies with Nvidia, AMD and Intel rivalry - here's everything investors need to know

Cerebras stock (CBRS) price today: Cerebras made a striking entrance into public markets, with its shares jumping about 90% on its Nasdaq debut. The AI chipmaker, founded in 2015, priced its initial public offering at $185 per share, but trading quickly opened at $350, pushing its valuation to more than $75 billion almost immediately, as per a report.

Cerebras (CBRS) IPO Skyrockets 90% on Nasdaq Debut Amid AI Boom

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