Cathie Wood Invests in Cerebras Systems Following Its AI Semiconductor IPO
Cathie Wood's Ark Invest added shares of Cerebras Systems (CBRS) to two ETFs following its May 14 IPO. The company, known for large single-chip solutions, reported significant revenue growth and has partnerships with major tech firms like OpenAI, Meta Platforms, and Amazon Web Services.
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Topics: AI Ark Invest chipmakers IPOs