Cerebras Stock Jumps 8% After Sam Altman Calls Chipmaker A ‘Close Partner’

Cerebras Stock Jumps 8% After Sam Altman Calls Chipmaker A ‘Close Partner’

Cerebras shares rose over 8% on Monday after falling 20% last week on reports that OpenAI is using Nvidia to power GPT-6.1 Sol.

OpenAI CEO Sam Altman Called Cerebras a 'Close Partner.' Its Stock Surged.

The stock rose as much as 9.5% during Monday trading, rebounding from a sharp selloff last week.

Cerebras Shares Rebound 6.3% After Sam Altman Calls OpenAI a “Close Partner”

Cerebras shares rebounded sharply in premarket trading Monday after OpenAI CEO Sam Altman sought to reassure investors that the AI chipmaker remains a close partner, helping ease concerns that the loss of a high-profile workload to Nvidia could weaken its relationship with OpenAI. The stock rose 6.3% in premarket trading to about $177, extending a […]

Nvidia stock nears record highs on Foxconn numbers, Cerebras rises on Altman comments

The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley discuss the latest updates with Nvidia (NVDA), Foxconn (2354.TW), and Cerebras (CBRS) stocks. 00:00 Speaker A Nvidia, um, looks like it is going to open at a record again today. Um, Han Hi Precision, also known as Foxconn, um came out…