Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO
Points
- Cerebras shares opened at $350, up from its $185 IPO price.
- The chipmaker sold 30 million shares in its IPO, raising $5.55 billion, one of the largest U.S. tech IPOs in years.
- The 10-year-old company has diversified its business this year through deals with Amazon and OpenAI.
https://www.cnbc.com/2026/05/14/cerebras-cbrs-stock-trade-nasdaq-ipo.html