Cerebras Shares Hit Post-IPO Low Amid Nvidia Pressure and Insider Selling
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Cerebras shares fell nearly 20% this week to a post-IPO low, closing Friday at $166.43, after SemiAnalysis said Nvidia chips would power OpenAI’s GPT-6.1 Sol Ultrafast mode and insider lockups expired. The stock rose almost 3% after hours as Sam Altman reaffirmed the partnership.
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