Cerebras (CBRS) surged 65% on its IPO day.
Cerebras Systems is an American company that competes with Nvidia, creating chips 100 times faster than GPUs, enabling AI to run at 2000 tokens per second. They have partnerships with OpenAI and AWS for AI. Nvidia invested in the company a few months ago. Today, they went public, and the stock gained 65% on its first day! We expect to see the stock continue to rise in the coming weeks.