Cerebras stock hits post-IPO low, tumbling 20% for the week on Nvidia pressure and lockup expiration

AI Summary

Cerebras shares fell 20% over the week and reached a post-IPO low amid competitive pressure from Nvidia and selling following the expiration of a lockup period. The decline highlights market pressure on the AI chipmaker after its public listing.

Cerebras shares hit an all-time low due to pressure from chip giant Nvidia, plus a post-lockup selloff.