AI chip firm Cerebras files for US IPO
· CNA · Join:Artificial intelligence chip firm Cerebras Systems on Monday filed for an initial public offering in the United States.
The float will test market appetite for AI-linked stocks, after concerns of excessive euphoria around the sector prompted some investors to rotate out of technology stocks and into value shares earlier this year.
Cerebras will list on the Nasdaq Global Market under the symbol "CBRS".
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