Cerebras shares spike on AMD partnership comments

Investing.com -- Shares of Cerebras Systems jumped as much as 11% on Thursday after AMD CEO Lisa Su announced a partnership between the two companies during her keynote address in San Francisco.

AMD and Cerebras will offer a combined product for fast inference, Su said. The offering will be available in the market later this year.

The collaboration will also offer fast inference through Cerebras Cloud Service.

You May Also Be Interested In

• Ferguson Enterprises to Join S&P 500; ADI Global Distribution to Join S&P SmallCap 600
• Warner Music Group CFO and COO Armin Zerza steps down
• Thermax Ltd (TMX:IN) PT Lowered to INR5,100 at UBS