Cerebras IPO Doubles at Open, Raises $5.55B in Sale Thursday
Cerebras IPO priced at $185, raising $5.55B and valuing the AI chipmaker at $56.4B after a Nasdaq debut that surged to $385 intraday.
15 May 2026
Cerebras IPO priced at $185, raising $5.55B and valuing the AI chipmaker at $56.4B after a Nasdaq debut that surged to $385 intraday.
The S&P 500 surged to a new record, marking its fifth straight week of gains fueled by strong tech earnings and hints of geopolitical de-escalation.
Chinese IPOs in US have dropped to two since Jan. 1 as China pauses offshore approvals and Nasdaq raises listing thresholds.