Cerebras Systems, a Sunnyvale-based AI chipmaker and Nvidia rival, has filed for a US IPO on Nasdaq under the ticker CBRS in its second attempt to go public as AI listings and the broader IPO market show signs of recovery.

The company withdrew an earlier filing last year after a US national security review examined United Arab Emirates (UAE) group G42‘s minority stake, and Cerebras later said it received clearance from the Committee on Foreign Investment in the United States.