Cerebras Shares Skyrocket in Debut as AI Mania Grips Markets
UPDATE 3-Cerebras shares skyrocket in debut as AI mania grips marketsCerebras shares jump 89% in Nasdaq debutChip designer raises $5.55 billion in US IPOOpening price implies $106.75 billion valuation on a fully diluted basisAdds analyst comments in paragraphs 7, 8 and 15By Utkarsh Shetti, Echo Wang and Max A. Cherney