🟢 Cerebras Systems is trading 10.01% up today after capital expenditures rose 279.4% year over year

Cerebras Systems is trading 10.01% up at $209.50 after reporting a 279.4% year-over-year increase in capital expenditures, signaling aggressive expansion of its AI infrastructure.

• Capital expenditures now stand at 109.7% of sales, reinforcing the company’s growth-investment narrative.
• The broad semiconductor rally is also tied to Nvidia’s $12.9 billion Hugging Face acquisition and renewed AI optimism.