source avatarTemitope Owoseeni💎

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🐳 Cerebras Systems begins trading on the Nasdaq today after pricing its IPO at $185 per share last night. The company debuts with a valuation of around $55 billion and raised roughly $5.55 billion through the offering, a huge moment for the AI sector as investor appetite around next-generation computing continues to grow. What’s catching even more attention, though, is the pricing activity happening on Hyperliquid’s pre-IPO market, where Cerebras has reportedly already traded as high as $291, about 57% above the IPO price. Some traders are clearly betting the company could become a “second NVIDIA,” despite still being a fraction of NVIDIA’s size, roughly 1/95th of its market cap. At the same time, not everyone is convinced. The market appears deeply divided, with some whales aggressively bullish on the AI narrative while others remain cautious about whether expectations are running too far ahead of reality. We're getting there, the clarity Act will help clear every doubt in this space... 3:00pm WAT

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