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News Wire / technology

Cerebrus Shares Jump 68% on First Day of Trading

breaking KYW Newsradio 1060 Philadelphia 1h Impact 7
AI chip maker Cerebrus saw its shares jump 68% on its first day of trading. The company had previously raised $1 billion, marking the largest initial public offering of the year.

Topics

stock market AI chips semiconductors

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Sources · 7 independent

KYW Newsradio 1060

“We 'll see what AI chip maker Cerebrus has for an encore. In its first day of trading, it 's a public stock. Shares jumped 68%.”

KYW Newsradio 1060

“jumped 68%. After the company raised billion, it would have so far the year's largest initial public offering.”

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