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Report: AI Chip Maker Cerebras to Raise IPO Price Range Amid Strong Demand
8 hour ago /
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Author：小编
According to sources familiar with the matter, Cerebras Systems, an artificial intelligence chip maker, is set to raise its IPO price range to $125-135 per share as early as next Monday, due to surging investor demand for its shares. The IPO has already attracted subscription orders exceeding 20 times the offering. Currently, Cerebras is marketing 28 million shares at a price range of $115-125 per share, seeking to raise $3.5 billion.
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