Cerebras Stock Nearly Doubles In Blockbuster IPO

CryptoProwl

Thu, May 14, 2026 astatine 12:34 PM CDT 1 min read

The banal of artificial quality (A.I.) chipmaker Cerebras Systems (NASDAQ: $CBRS) astir doubled successful its marketplace debut, opening astatine $350 U.S. per stock aft pricing shares astatine $185 U.S.

Cerebras began trading connected the Nasdaq (NASDAQ: $NDAQ) speech May 14 nether the ticker awesome “CBRS.”  

The chipmaker started trading with a marketplace capitalization supra $100 cardinal U.S. successful what’s being called a “blockbuster” archetypal nationalist offering (IPO). 

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Cerebras sold 30 cardinal shares arsenic portion of its IPO, raising $5.55 cardinal U.S. of superior for the institution successful the process.

The Cerebras Systems IPO is the largest for a U.S. exertion institution since Uber’s (NYSE: $UBER) marketplace debut successful 2019. 

The Cerebras IPO was heavy hyped and analysts accidental it is benefiting from the existent A.I. roar connected Wall Street. 

Cerebras is simply a nonstop rival to starring chipmaker Nvidia (NASDAQ: $NVDA) and the biggest pureplay A.I. institution to clasp an IPO successful months. 

Cerebras Systems is starring what’s expected to beryllium a question of historical IPOs this year, including Elon Musk’s SpaceX and A.I. startup Anthropic.

There were lone 31 exertion IPOs held successful 2025, down from 121 successful 2021, according to marketplace data. The gait of IPOs is expected to pick-up importantly successful coming months.