Kyle Wool, CEO of Dominari Financial, discussed the upcoming IPO of Cerebras, a chipmaker that is expected to generate significant interest and bolster the artificial intelligence sector. He mentioned the potential for Cerebras to challenge industry leader Nvidia, particularly in the AI chip market, which has been seeing rapid growth due to increased demand for AI technologies.
Cerebras Technologies is entering the market at a time when AI technology is in high demand, which could help their stock perform well during and post-IPO. If they can successfully compete with Nvidia, this would further drive investor interest and stock price appreciation.
Laffer Tengler CEO and CIO Nancy Tengler discusses investment opportunities and more on ‘Making Money.'
Oct 9, 2024, 12:23 PM
Nvidia stock is aiming to notch a new all-time high, as the AI boom shows no sign of slowdown.
Oct 9, 2024, 5:49 AM
Demis Hassabis and John M. Jumper of Google DeepMind predicted protein shapes with A.I. while David Baker designed “a new protein that was unlike any other,” the committee said.