Cerebras jumps 81% on debut as AI chip IPO frenzy spotlights inference race

U.S. AI semiconductor startup Cerebras drew market attention as its shares jumped 81% on the first day of listing. The offering, described as the year’s largest IPO, attracted 5.5 trillion won, and the company’s valuation neared 120 trillion won immediately after its debut. Cerebras, often called a challenger to Nvidia, is strengthening its presence in the AI inference chip race. It has also secured OpenAI and Amazon as customers, according to the report. The successful IPO shows that competition in inference chips is moving into full swing as demand for AI semiconductors grows. Source: mk.co.kr