Like Nvidia Stock? Then You Might Love This Upcoming IPO.

Chipmaker Nvidia has made a lot of investors wealthier over the years. And investing in artificial intelligence (AI) as a whole has generally been a great idea. Many AI stocks have reached new highs in recent years due to the excitement and encouraging outlook for next-gen technologies.If you like Nvidia's stock but want some diversification, or perhaps simply want to invest in a company in its much earlier growth stages, than there's a new company you might want to consider if and when it goes public, and that's Cerebras.Cerebras is a tech company that could potentially give Nvidia some significant competition in the future. The company claims that it has "the world's largest, most powerful commercially available chip," the Wafer-Scale Engine. It says that the third generation, the WSE-3, "is 57 times larger than the leading commercially available GPU and has 52 times more compute cores," making it ideal for AI training.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool