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NASDAQ:CBRS 13 May 2026 - 24 June 2026

Cerebras IPO Frenzy Tests Wall Street’s $50 Billion AI Chip Bet

Cerebras IPO Frenzy Tests Wall Street’s $50 Billion AI Chip Bet

Cerebras Systems Inc. now expects its IPO to price above the recently bumped $150-to-$160 per share range, according to a late Tuesday report from Bloomberg, with strong appetite for AI chip stocks pushing the deal higher. The company’s selling 30 million shares—at $160 each, that’s $4.8 billion before any possible underwriter allotments.
13 May 2026
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