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Cerebras Stock Surges After OpenAI CEO Calls Chipmaker a ‘Close Partner’

Cerebras shares rebounded Monday after hitting an all-time low Friday.Credit: Sheldon Cooper / SOPA Images / LightRocket via Getty ImagesKey TakeawaysCerebras shares rose Monday after OpenAI CEO Sam Altman called the company a close partner.Altman’s comments may help ease concerns about competition to Cerebras’ business with OpenAI. Cerebras shares are on the rise after a show of support from OpenAI CEO Sam Altman.Cerebras (CBRS) shares were up 8% in recent trading, rebounding from an all-time low Friday after a social post by Altman calling the chipmaker a “close partner.” Altman said that…

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