Cathie Wood Just Loaded Up on This Sizzling Artificial Intelligence (AI) Semiconductor IPO Stock

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Cathie Wood from Ark Invest has included Cerebras Systems, a new AI chipmaker, in her portfolios via two of her exchange-traded funds (ETFs).
Cerebras Systems recently went public with an IPO on May 14 and opened at $350 per share, although it closed at slightly over $311.
The company is known for creating extremely large chips that allow for better speeds in artificial intelligence applications, with claims that its technology can process up to 15 times faster than traditional graphics processing units.
Cerebras has strategic partnerships with major companies such as Meta Platforms, Amazon Web Services, and has a significant multiyear deal with OpenAI valued at over $20 billion.
Despite Cerebras’ impressive 2025 revenue forecast of $510 million and a sizzling IPO, past price fluctuations show that retail investors who bought into the IPO may not have benefited as much as insiders.
It’s noted that while early investment often comes with risk, investors should thoroughly evaluate a company’s long-term prospects before investing.

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