Tenstorrent Stock
| Valuation | $4.02B1, 2 |
| Valuation Date | Nov 26, 2025 |
| Implied Valuation | $3.38B |
| Last Price | $63.03 |
| 52-Week High | $81.36 |
| 52-Week Low | $61.07 |
| YTD Return | -9.84% |
| 1-Year Return | -21.92% |
| 3-Year Return | n/a |
| Total Funding | $1.84B3 |
| Latest Round Amount | $800M1, 2 |
| Latest Round | Series E |
| Funding Rounds | 8 |
| IPO Status | Expected4 |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Tenstorrent
Tenstorrent is a computing company that designs AI processors and sells them as an alternative to Nvidia GPUs. Its chips are built around Tensix cores and the open RISC-V architecture. They are sold as add-in cards, workstations and Galaxy server systems for data centers. The company also licenses its RISC-V CPU and AI chiplet designs to customers that want to build their own silicon. Tenstorrent makes money by selling this hardware and cloud access to it. It also earns licensing revenue from its intellectual property. The company was founded in Toronto in 2016 by Ljubisa Bajic, Milos Trajkovic and Ivan Hamer. It is now led by veteran chip designer Jim Keller and headquartered in Santa Clara, California.
Invest in Tenstorrent
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News
AI startup Tenstorrent shoots down Qualcomm buyout rumors
Tenstorrent CEO Jim Keller said the AI chip startup has not been in talks with Qualcomm about a possible acquisition, denying a report of an $8B to $10B deal. The company will focus on its own busines...
Tenstorrent Sets New Performance Records, Launches TT-Ascalon S, and Expands Across Japan
At TT-Deploy JP, Tenstorrent set new language and video model benchmarks, launched TT-Ascalon S RISC-V CPU IP for agentic AI, and detailed its largest Japan deployment with ai& using Galaxy superclust...
Tenstorrent Sets New Performance Records, Launches TT-Ascalon S, and Expands Across Japan
At TT-Deploy JP, Tenstorrent launched TT-Ascalon S RISC-V CPU IP for agentic AI and detailed its largest deployment to date with ai&, deploying more than 120 Galaxy systems for sovereign AI in Japan.
Jim Keller on Tenstorrent's BlackHole Scaling and IPO Ambitions
Tenstorrent CEO Jim Keller confirmed the company is aiming for an IPO and building out its supply chain and international presence with that in mind. He declined to comment on reported takeover bids f...
Qualcomm stock rises on AI chip push, Tenstorrent deal speculation
Qualcomm (QCOM) shares moved higher on Tuesday as investors focused on the chipmaker's expanding artificial intelligence ambitions. Investors also reacted to reports of a potential acquisition and exp...
Qualcomm in talks to buy Tenstorrent, The Information reports
Chip designer Qualcomm is in talks to acquire AI chip startup Tenstorrent at a price of between $8 billion and $10 billion, The Information reported on Monday, citing a person with direc...
Tenstorrent Enables AI at Scale with Industry-Leading Performance
Tenstorrent announced industry-leading inference performance on its networked AI architecture, with new benchmarks on large language and video models deployed across Galaxy Blackhole superclusters.
Tenstorrent and Infinia Technologies Partner to Build Sovereign AI Infrastructure
Tenstorrent and Abu Dhabi-based Infinia Technologies agreed to co-develop sovereign AI infrastructure for GCC government and financial customers, including the SAIF Agentic AI Platform on Tenstorrent ...
Tenstorrent and Infinia Technologies Partner to Build Sovereign AI Infrastructure
Tenstorrent and Infinia Technologies signed a strategic partnership at Abu Dhabi Finance Week to co-develop sovereign AI infrastructure, including the SAIF Agentic AI Platform and on-premises Secure A...
Tenstorrent Announces Participation in CHASSIS Program, Joint Initiative for Automotive Chiplet Technology
Tenstorrent joined the three-year CHASSIS EU research program with BMW, Bosch, Infineon, and other partners to develop chiplet-based hardware architectures for software-defined vehicles.
Tenstorrent Announces Participation in CHASSIS Program
Tenstorrent joined the EU CHASSIS consortium with Bosch, BMW, Stellantis, and others to develop chiplet-based hardware architectures for software-defined vehicles over a three-year research program.
Tenstorrent Unveils First Gen Compact AI Accelerator Device for Edge AI Development with Razer at CES 2026
Tenstorrent and Razer unveiled a compact Thunderbolt AI accelerator for portable edge development, designed to plug into laptops and run Tenstorrent's open AI software stack.
Tenstorrent, Hyundai-backed BOS unveil automotive AI chips
Canadian startup Tenstorrent and BOS Semiconductors, a South Korean chip startup backed by Hyundai Motor Group, unveiled on Thursday artificial intelligence (AI) chips used for in-vehicle infotainment...
Tenstorrent Expands Deployment of Arteris' Network-on-Chip IP to Next-Generation of Chiplet-Based AI Solutions
CAMPBELL, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced Tenstorrent has licens...
Samsung to manufacture chips from AI chip startup Tenstorrent
Samsung's contract chip manufacturing arm picked up a new artificial intelligence chip customer, a Canadian startup called Tenstorrent, the company said on Monday.
Samsung, Hyundai lead $100 million funding into AI hardware startup Tenstorrent
Canadian tech hardware startup Tenstorrent raised $100 million from investors including Hyundai Motor Group 005380, +0.16% and Samsung Electronics 005930, +0.29% to develop advanced chips used in arti...
Tenstorrent Selects Arteris IP for AI High-Performance Computing and Datacenter RISC-V Chiplets
Ncore and FlexNoC interconnect IP enable advanced Tenstorrent RISC-V computing for modular, efficient and performant next-generation AI at scale. Ncore and FlexNoC interconnect IP enable advanced Tens...