Chip startup Cerebras hits $80 bn in value in strong stock debut

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.

from Markets-Economic Times https://ift.tt/oNMjneb
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