The road ahead for AMD may be a rocky one as some of the company’s key markets could see slowdowns, according to Barclays.
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AMD falls 8% after Barclays downgrades stock, warns about PC, gaming markets
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Cerebras IPO mints two billionaires, sets stage for potential AI wave
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., holds the Wafer Scale Engine 3 AI chip during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty Images The tech billionaires club has two new members after Cerebras’ […]
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Where Cerebras’ monster debut puts in among tech’s biggest IPOs
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., holds the Wafer Scale Engine 3 AI chip during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty Images Cerebras Systems narrowly missed joining Facebook-parent Meta and Alibaba as […]
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Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company’s expected range. That values the chipmaker at over $100 billion. The company sold 30 million shares in its offering late Wednesday, raising $5.55 billion, the largest IPO for a U.S. tech company since Uber’s […]
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