Report: AI chipmaker Cerebras to increase IPO price target amid surging investor demand

Report: AI chipmaker Cerebras to increase IPO price target amid surging investor demand

Artificial intelligence chipmaker Cerebras Systems Inc. is expected to increase the size and price of its initial public offering later today as investor demand for access to its shares continues to rise. Reuters reported Sunday that the chipmaker is now considering raising its IPO price range to between $150 to $160 per share, up from […] The post Report: AI chipmaker Cerebras to increase IPO price target amid surging investor demand appeared first on SiliconANGLE.

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