BlockBeats News, May 12th, according to the latest data from the prediction market platform Polymarket, traders predict that the artificial intelligence chip manufacturer Cerebras Systems will reach a stock price of $256 at the end of its IPO's first day of trading.

Based on current market expectations, the Cerebras IPO price is expected to be in the range of $150 to $160, indicating that the market is betting that its first-day trading price may increase by over 60%.

Cerebras is one of the most prominent chip companies in the AI infrastructure field in recent years. Its core product is a large-scale AI accelerator chip and dedicated computing system designed for large-scale model training and inference scenarios. Some market participants see it as a significant concept in AI computing power outside of Nvidia.