Cerebras: What You Need To Know About The Nvidia Competitor After Blockbuster IPO
CNBC 
Open in Hinto 
About this video
Cerebras made a monster debut on Thursday that not only placed it among tech’s biggest-ever IPOs, but was the clearest signal yet of unstoppable demand for chips to power AI, as tech giants scramble to the costly, sold-out graphics processing units made by Nvidia. Cerebras closed its first day trading on Wall Street with a stunning market cap just below $100 billion, then traded lower on Friday, sinking 10%. Founded in Silicon Valley in 2016, Cerebras makes a different type of chip than the classic Nvidia GPU, and it's the size of a dinner plate. It’s a category of chips known as custom ASICs that are gaining traction because they excel at inference, which is crucial as agentic AI takes off. Custom ASICs are also made in-house by Google, Amazon, Meta and Microsoft, and Nvidia - thanks to its $20 billion purchase of Groq in December. Now, the Cerebras’ IPO paves the way for other ASIC start-ups such as SambaNova, Rebellions and D-Matrix. CNBC's Katie Tarasov explains everything you need to know about the company. Reporter: Katie Tarasov Edited by: Carlos Waters Senior Director of Video: Jeniece Pettitt Animation: Jason Reginato, Emily Park » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Cerebras: What You Need To Know About The Nvidia Competitor After Blockbuster IPO
Watch this video in English to learn English
Watching real YouTube videos in English with subtitles is one of the highest-density ways to absorb the language. Cerebras: What You Need To Know About The Nvidia Competitor After Blockbuster IPO from CNBC gives you native pace, natural intonation, and vocabulary you'll actually meet in real conversations.
In the Hinto app, every subtitle is tap-to-translate. No app-switching, no pausing the video, no dictionary. Just watch.
Videos to Learn English
Why These Three Companies Dominate The U.S. Hybrid Car Market
Helios Is AMD’s First AI System To Rival Nvidia Vera Rubin — We Got An Exclusive, First Look
Why Americans Are Buying Fewer Groceries
Why Workers Stopped Getting Big Raises
Why Chinese EVs Are So Cheap In The UK
Why Prediction Markets Are So Hard To Regulate
How Elon Musk's AI Empire In Memphis Became A Cautionary Tale
Consumer Prices See Biggest Drop In Six Years In June
How China Came To Dominate The Global EV Factory Boom
Americans Keep Getting Priced Out Of Fun. Here's How It Impacts Us At Home
Will The New Housing Bill Lower Housing Costs?
AI’s Next Race: Cost, Control, and Compute
