Cerebras to raise IPO price range to $150-$160 as demand surges, sources say
Summary
Cerebras Systems is raising its initial public offering price range to $150-$160 amid reports of surging investor demand.
Similar Articles
Cerebras raises $5.5B, then stock pops $108%, in the first huge tech IPO of 2026
Cerebras Systems raised $5.5B in its IPO, with shares surging 108% on the first day, valuing the company at $66 billion. The AI chip maker, a competitor to Nvidia, overcame regulatory hurdles and reported strong financials.
AI Chipmaker Cerebras Raises $5.55 Billion in Year's Biggest IPO (4 minute read)
Cerebras, an AI chipmaker, raised $5.5 billion in its US IPO, becoming the year's largest IPO with a market valuation of about $40 billion.
@TheAhmadOsman: Cerebras - Stock started trading at $311 on May 14 - 17 days later it’s down 31%+ Everything about Cerebras from - Chip…
Cerebras stock dropped over 31% within 17 days of its IPO at $311, with criticism about chip limitations and misleading claims.
Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood
Cerebras Systems stock dropped nearly 20% after forecasting narrower gross margins despite better-than-expected Q1 earnings; CEO Andrew Feldman said the margin outlook was misunderstood due to equipment rental costs.
@dmsobol: @cerebras IPO'd this week More people reached out to me in the last few days is somehow higher than on my birthdays!!! …
Daria Soboleva reflects on her five-year journey with AI hardware company Cerebras, which recently went public, sharing gratitude for colleagues and excitement for the future.