Semiconductor Shares Slide as US-China Talks End Without Chip Deal
Chip stocks fell after a Trump–Xi meeting brought no deals. Nvidia, Intel, AMD dropped as hopes for China sales and AI growth cooled.
/ 4 items
#CBRS↓
Cerebras Systems Raises Record $5.55 Billion in Largest U.S. IPO of 2026
Cerebras Systems priced its IPO at $185 per share, valuing the Sam Altman-backed AI chipmaker at $56.4 billion as shares begin trading Thursday.
SoftBank and Arm Tried to Buy Cerebras Weeks Before $34 Billion IPO
Cerebras is going public at up to $34B despite takeover offer from Arm/SoftBank, boosted by big AI chip deals with OpenAI and AWS.
Cerebras Files for IPO: Nvidia’s AI Chip Rival Goes Public
Cerebras plans a Nasdaq IPO after strong growth, big AI deals, and rising demand for powerful chips competing with Nvidia.