U.S. Market Rises on Strong Earnings from Cisco and Debut of AI Chipmaker Cerebras
On May 14, U.S. stock indexes rose as Cisco Systems surged over 10% following strong earnings results and an expanded AI infrastructure order book. Newly public AI chipmaker Cerebras nearly doubled in value on its debut, while Nvidia also gained amid reports of potential H200 chip sales to China.
Tickers: $AVGO $CSCO $NVDA $PLTR
Topics: AI infrastructure Cerebras Systems Cisco Systems Dow Jones Industrial Average Nasdaq Composite S&P 500 stock market performance