Shares of US chip startup Cerebras Systems surged Thursday in its trading debut, more than doubling at one point and hitting a market value of $80 billion.
Shortly after 1730 GMT, Cerebras stood at $332.51, up around 80 percent on the Nasdaq exchange after earlier reaching $385. The strong market debut underscores demand for equities tied to the artificial intelligence investment boom.
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Source: Insider Paper
