Silicon Fever: SK Hynix Shares Soar 13%, Cerebras Targets $3.5B in IPO

The hardware supercycle continues to accelerate global stock exchanges. On May 4, 2026, the semiconductor market received two powerful impulses at once. First, shares of South Korea's SK hynix jumped 13% after US tech giants confirmed aggressive capital expenditure plans for AI infrastructure. The shortage of HBM memory guarantees the Koreans super-profits for years to come.

Second, the ambitious developer of giant AI chips, Cerebras Systems, launched the preparation process for a US IPO, planning to raise a colossal $3.5 billion. Investors are voting with their dollars for physical infrastructure. Amid the stagnation of consumer SaaS products and price wars in the API segment (like the recent DeepSeek dumping), silicon manufacturing remains the most reliable and high-margin segment in the race for AGI.

Source: Reuters / CNA / Cerebras