Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019 (Jordan Novet/CNBC)
Cerebras Systems IPO opens at $350, reaching $100B+ valuation after raising $5.5B—the largest US tech IPO since Uber in 2019, signaling strong investor appetite for AI infrastructure plays.
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<a href="https://www.cnbc.com/2026/05/14/cerebras-cbrs-stock-trade-nasdaq-ipo.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260514/i26.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260514/p26#a260514p26" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Jordan Novet / <a href="http://www.cnbc.com/">CNBC</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.cnbc.com/2026/05/14/cerebras-cbrs-stock-trade-nasdaq-ipo.html">Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019</a></b></span> — Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company's expected range.</p>
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