Cerebras CEO Andrew Feldman Talks IPO
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Cerebras CEO Andrew Feldman Talks IPO
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Summary
Cerebras Systems shares are indicated to open 82% above their listing price, after the artificial intelligence chipmaker raised $5.55 billion in an upsized and hotly anticipated IPO. Demand for the stock is soaring a day after it priced its upsized offering above the marketed range. Shares are indicated to open at $336 each as of 12:04 p.m. Thursday, versus the IPO price of $185.
Cerebras CEO Andrew Feldman speaks with Bloomberg's Ed Ludlow.
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