Cerebras shares skyrocket 100% after $5.5B IPO amid AI stock frenzy

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Cerebras shares skyrocket 100% after $5.5 billion IPO amid AI stock frenzy, as investors continue pouring capital into artificial intelligence stocks, driving the company's valuation to new heights. This surge in demand reflects the growing importance of AI infrastructure, with Cerebras now joining a growing list of AI-focused companies experiencing rapid growth and investor enthusiasm.