Cerebras stock gains on AMD partnership
Andrew Feldman, co-founder and CEO of Cerebras Systems, holds the Wafer Scale Engine 3 chip at the Nasdaq MarketSite in New York on May 14, 2026.
Michael Nagle | Bloomberg | Getty Images
brains Shares gained nearly 4% after the company closed a deal on Thursday. Advanced Micro Devices This involves two chipmakers working together on artificial intelligence systems.
Cerebras CEO Andrew Feldman said on AMD: artificial intelligence conference In San Francisco, he announced that his company’s chips will be used in Helios AI systems installed in AMD’s Cerebras data centers starting later this year. Server buyers will also be able to configure their AMD systems with the company’s “wafer-scale” chips.
At the event, AMD details the new chips and Helios integrated system.
The partnership underscores how important “ultra-low latency” has become for AI companies. While the chips produced by Cerebras are configured to provide initial AI responses as quickly as possible, compromises are made in terms of flexibility and overall power. The companies claimed that their systems would provide five times more tokens per watt per second than their competitors.
AMD’s rival Nvidia It purchased assets from Groq for $20 billion in December to integrate the company’s low-latency technology into its systems.
“When something is a necessity, people want to use it, and they want to use it quickly,” Feldman said.
Cerebras went public in May and was a particularly volatile stock in its early days. After going public at $185, the stock rose as high as $386.34 in its debut and fell below $161 by the end of June. With Thursday’s rise, shares are trading at $219.80.
In January, Cerebras announced a deal worth more than $10 billion with OpenAI to provide 750 megawatts of computing power by 2028.
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