Neutral
Last updated: 2026-06-24 15:40:11 ET
The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).
A rout in chipmaker names, including Micron, weighed on the S&P 500 and Nasdaq Composite on Tuesday.
Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.
Losses spread globally as investors questioned soaring valuations and spending on AI infrastructureA tech sell-off shook global markets on Tuesday as ...
Chipmakers led the way down in South Korea, where the main index plunged 10 percent. Stocks in Europe were lower and S&P 500 futures pointed to a shar...
What does an AI company do after one of those not-acqui-hire deals? Groq raised money, is leaning into its neocloud business, and is hiring new execs.
CNBC's Jim Cramer named Intel as his top stock pick, arguing that investors should focus on the company's future AI opportunities.
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