If Cerebras can grow beyond its initial benefactor, G42, this IPO will be a rocket ship. If not, … It may be hard to believe, but there hasn’t been a single IPO for an AI hardware company. Period. Not One.

The much-anticipated IPO by Cerebras Systems — the first chip maker of the AI era to go public — also included information on the concentration of its customers, an issue investors are seeing at other AI hardware companies.

Cerebras Systems, an AI chipmaker that lists among its competitors tech giants Nvidia, Microsoft, and Intel, filed for an IPO Monday, looking to capitalize on widespread enthusiasm about the AI industry.

If Cerebras Systems goes public, Cerebras Systems stock may find a place in semiconductor ETFs like VanEck Semiconductor ETF SMH, iShares Semiconductor ETF SOXX, First Trust Nasdaq Semiconductor ETF FTXL and SPDR S&P Semiconductor ETF XSD. Renaissance IPO ETF IPO may also include the Cerebras stock in its portfolio.

Cerebras touts the world's largest and fastest AI chip, and competes with Nvidia, a top player in the AI computing space.

Cerebras Systems has filed to raise $100 million in an IPO of its Class A common stock, according to an SEC S-1 registration statement. Read more on CBRS IPO.

Cerebras Systems, an artificial intelligence (AI) chipmaker that competes head-to-head with Nvidia ($NVDA), has filed to hold an initial public