Business

Cerebras opens 89% above IPO price in US market debut

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Cerebras Systems' ​shares jumped ‌89% above ​the ​initial public offering ⁠price ​in their ​U.S. market debut on ​Thursday, ​giving the chip ‌designer ⁠a valuation of $106.75 ​billion ​on ⁠a fully ​diluted ​basis.

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