Cerebras Shares Begin Trading on Nasdaq After IPO

Cerebras debuted on the Nasdaq on Thursday in the biggest IPO so far this year. Andrew Feldman, CEO of Cerebras, joined 'Squawk Box' to discuss going public on the Nasdaq today. He described the listing as the right way to fund the company's growth.

Feldman discussed the state of the AI boom during the appearance. He also addressed details of the company's business. Cerebras has partnerships with OpenAI and AWS. @SquawkCNBC reported that Feldman covered those relationships and more in the interview that aired two hours before the market open.

The debut marks a significant milestone for the AI chipmaker as demand for specialized computing infrastructure continues to rise. Feldman used the platform to outline how the public listing aligns with the company's expansion plans in a rapidly evolving sector. By going public, Cerebras gains access to capital markets at a time when investor appetite for AI-related technologies remains elevated.

The company’s technology focuses on large-scale AI training and inference workloads that require massive compute clusters. Feldman’s appearance came as markets prepared for the stock’s first trades. The CEO emphasized that the IPO structure chosen would support sustained investment in research and manufacturing.

These ties have helped validate the company’s wafer-scale chip architecture in real-world deployments. The AI boom has driven substantial private investment into specialized hardware providers over the past several years.

Feldman offered his perspective on where that momentum stands and how Cerebras positions itself within the competitive landscape. Details of the company’s business include the design and production of what it claims is the world’s largest chip, optimized for artificial intelligence tasks that overwhelm traditional GPU clusters.