Published May 8, 2026, 2:59 PM ET · Updated 6 months ago · 2 sources
AI Chipmaker Cerebras Is Said to Plan Raising IPO Price Range
bloomberg
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Original Report
INFERY
AI chipmaker Cerebras Systems Inc. is planning to raise its initial public offering price range to $125-$135 per share, potentially as soon as Monday. The company is seeking to raise $3.5 billion and has seen demand for more than 20 times the shares available. This move comes amid surging interest in AI stocks, with Cerebras' listing poised to be the largest US IPO this year.