Cerebras stock hits post-IPO low, tumbling 20% for the week on Nvidia pressure and lockup expiration

Source: www.cnbc.com · Section: business-tech · Bias: Center · Published: Fri, 02 Oct 2026 22:38:49 GMT

Cerebras shares hit an all-time low due to pressure from chip giant Nvidia, plus a post-lockup selloff.

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The same story across the political spectrum (3 sources)

Center: NVIDIA's smuggling problem is getting worse — www.engadget.com
Center: US arrests tech CEO accused of smuggling $300M in Nvidia chips into China — www.arstechnica.com
Center: Amazon seeks to offload $8bn of Nvidia chips to investors — www.ft.com

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