Cerebras Goes Public in Year's Biggest IPO
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 14 May 2026
⏱️ 45 minutes
🧾️ Download transcript
Summary
Bloomberg’s Ed Ludlow breaks down why Cisco shares jumped the most since 2011 after the company's earnings results. Plus, more details emerge after President Trump's meeting with China's Xi Jinping, Cerebras CEO Andrew Feldman joins ahead of the company's public listing, and Caroline Hyde sits down with the CEOs of Ericsson and Oura on the sidelines of the Spark Summit in California.
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Transcript
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| 0:00.0 | Some follow the noise. |
| 0:03.3 | Bloomberg follows the money. |
| 0:05.4 | Because behind every headline is a bottom line. |
| 0:09.3 | Whether it's the funds fueling AI or crypto's trillion dollar swings, |
| 0:13.8 | there's a money side to every story. |
| 0:16.5 | And when you see the money side, you understand what others miss. |
| 0:20.8 | Get the money side of you understand what others miss. |
| 0:22.3 | Get the money side of the story. |
| 0:25.3 | Subscribe now at Bloomberg.com. |
| 0:34.9 | Bloomberg Audio Studios, Podcasts, Radio News. |
| 0:47.4 | Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Lovelow in San Francisco. |
| 0:56.0 | This is Bloomberg Tech. Coming up, Cisco shares jump the most since 2011 of the company's earnings results will break them down. Plus China, Xi Jinping gives a warning to President Trump on Taiwan |
| 1:02.0 | but tells US tech CEOs China will open up more. An AI chipmaker Cerebrus raises $5.55 billion |
| 1:09.6 | in its US IPO seizing on the surging demand for |
| 1:13.9 | semiconductors. We'll be joined by the CEO later this hour. Cisco is our top story and it is |
| 1:20.4 | actually rising with the rest of the market. We're up 15% on track for our biggest jump since |
| 1:26.0 | 2011. After the open, we hit 17%. Putting Cisco on track for its best day since 2002. It's a pretty simple story. Hyper-scaler demand. Calendar year, 26, $9 billion, up from a previous forecast of $5 billion. $4 billion will translate into actual revenue, sales, |
| 1:46.9 | on the income statement in this year. |
| 1:49.3 | There are many more threads, |
| 1:50.6 | but Cisco is finding its place in this AI infrastructure story. |
| 1:55.3 | Let's get out to Bloomberg Equities reporter Ryan Vastelika. |
| 1:58.0 | I think, Ryan, the best place to start is, |
... |
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