Nvidia Rival Cerebras Systems Jumps More Than 10% After Cathie Wood Boosts Stake
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Cerebras Systems shares rose following significant purchases by ARK Invest's Cathie Wood, who sees long-term potential in its wafer-scale AI technology. The company, a notable "Nvidia challenger," reported 2025 full-year revenue of $510 million, a 76% year-on-year increase. Hardware sales constituted 70% of revenue, with cloud services and other businesses growing 95%, indicating successful transition to an integrated computing power provider. Cerebras also qualified for fast-track inclusion into S&P Dow Jones Indices, effective May 25, due to its substantial market valuation of approximately $70 billion, reflecting high market recognition and AI industry prospects.
Tradingkey - AI chipmaker Cerebras Systems ( CBRS) shares moved higher, jumping more than 10% at one point to a high of $266.7. As of press time, the stock remained up 8.7%, trading at $262.75.
On the news front, Cathie Wood, the prominent Wall Street investor known as the "female Buffett" and the founder and CEO of ARK Invest, has heavily purchased Cerebras Systems. In response to the stock's retracement following its IPO, Wood chose to buy the dip, remaining steadfastly optimistic about the long-term explosive potential of its unique "wafer-scale" AI chip technology.
Cerebras is a high-profile "Nvidia challenger" in the AI chip sector. The company's 2025 financial report shows that full-year revenue reached $510 million, a year-on-year increase of approximately 76%, demonstrating strong growth momentum. Regarding the revenue structure, hardware sales accounted for 70% of total revenue, while cloud services and other businesses surged 95% year-on-year, reflecting that the company's transition from a single-device supplier to an integrated computing power service provider has achieved initial success.
Recently, S&P Dow Jones Indices confirmed that the company has met the "fast track" IPO inclusion rules and will be added to the relevant index systems, with an effective date of May 25.
It is reported that new listings typically require an observation period of approximately 12 months before becoming eligible for inclusion in major indices. However, with a market valuation reaching approximately $70 billion, Cerebras triggered a fast-track mechanism specifically designed for large-scale IPOs. This exception by S&P Dow Jones reflects the index provider's high recognition of the stock's market size and the prospects of the AI industry.
This content was translated using AI and reviewed for clarity. It is for informational purposes only.
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