Cerebras stock rose on a report that the newly public AI chip developer will receive fast-track inclusion on the S&P Dow Jones Indices.

Cerebras stock rose on a report that the newly public AI chip developer will receive fast-track inclusion on the S&P Dow Jones Indices.

Cathie Wood's Ark Invest purchased 82,779 shares of Cerebras Systems, extending an aggressive accumulation of the AI chipmaker that recently went public.