d-Matrix Stock
| Valuation | $2B1, 2 |
| Valuation Date | Nov 12, 2025 |
| Implied Valuation | $4.36B |
| Last Price | $19.94 |
| 52-Week High | $19.94 |
| 52-Week Low | $9.13 |
| YTD Return | +75.84% |
| 1-Year Return | +13.75% |
| 3-Year Return | n/a |
| Total Funding | $450M1, 2 |
| Latest Round Amount | $275M1 |
| Latest Round | Series C |
| Funding Rounds | 4 |
| IPO Status | Expected3, 4 |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About d-Matrix
d-Matrix is a semiconductor company that designs accelerator chips and systems for AI inference in data centers. Its flagship product is Corsair, a rack-scale inference platform built on a digital in-memory compute architecture that runs large language models faster and with less energy than GPU-based systems. The platform also includes JetStream network cards and the Aviator software stack. d-Matrix makes money by selling this inference hardware and software to hyperscalers, AI labs and enterprises that run AI models at scale. The company began shipping Corsair to customers in 2026. It was founded in 2019 by Sid Sheth and Sudeep Bhoja and is headquartered in Santa Clara, California.
Invest in d-Matrix
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News
AI chip startups FuriosaAI, Nuvacore, d-Matrix pursue major funding rounds at higher valuations - The Information
d-Matrix has talked to investors about raising hundreds of millions of dollars at a valuation of at least $5 billion, up from $2 billion in November 2025, The Information reported. Talks are in progre...
Fast token generation accelerates enterprise AI inference
d-Matrix CEO Sid Sheth discussed the Parasail deployment pairing Corsair accelerators with NVIDIA GPUs and the company's next-generation 3D memory architecture at RAISE Summit.
Nvidia teams up with chip rival d-Matrix on inference
Nvidia is pairing its GPUs with d-Matrix Corsair inference chips in a heterogeneous system aimed at large-model inference, with AI cloud provider Parasail as the first customer.
Parasail to Combine NVIDIA AI Infrastructure with d-Matrix Accelerators to Achieve 10x Faster Token Generation
Parasail is deploying d-Matrix Corsair inference accelerators alongside NVIDIA Hopper and Blackwell GPUs in one of the first commercial-scale heterogeneous disaggregated inference deployments.
Upstart chipmakers keep challenging Nvidia. This time it's Microsoft-backed D-Matrix
D-Matrix says its chips can run inference workloads 10 times faster and using five times less energy than a standalone graphics processing unit from Nvidia. Like Cerebras, D-Matrix is trying to prove ...
d-Matrix Corsair AI Inference Platform Enters Full Production to Meet Customer Demand
d-Matrix announced its Corsair inference accelerator platform is in full production and beginning volume shipments to priority hyperscaler, neocloud, and frontier AI lab customers.
d-Matrix acquires GigaIO data center business
d-Matrix acquired GigaIO's data center business unit, adding SuperNODE and FabreX interconnect technology to support rack-scale AI inference deployments.