Browsing: NVIDIA

Cerebras Systems shares crashed to their lowest point since going public, tumbling 20% this week as the AI chip startup faces mounting pressure from industry giant Nvidia and a wave of insider selling following lockup expiration. The dramatic selloff highlights the brutal competitive dynamics in the red-hot AI semiconductor market.

The AI chip king is closing in on a record high, riding high even as its peers struggle. But of all the tech darlings, Nvidia (NVDA) has the most modest multiple.