Cerebras: Don't Buy The IPO Hype, Wait For A Drop
2026-05-16 09:38:11 ET
The highly anticipated initial public offering of AI chip-maker Cerebras Systems ( CBRS ) marked a watershed moment for the semiconductor industry last week, with Cerebras being the largest tech debut in years. After soaring 68% on its first day of trading and dropping about 10% on the second, Cerebras now has a market cap of ~$60B, which reflects a very aggressive valuation based off of expected forward revenues....
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Cerebras: Don't Buy The IPO Hype, Wait For A DropNASDAQ: NBIS
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