Source: Cerebras is expected to price its shares at between $115 and $125 and go public with the "CBRS" ticker; Cerebras is targeting a $40B valuation (Reuters)
Cerebras filed for US IPO at $115-$125/share under CBRS ticker, targeting a $40B valuation as an AI chipmaker goes public.
Excerpt
<a href="https://www.reuters.com/business/ai-chipmaker-cerebras-targets-115-125-share-price-us-ipo-source-says-2026-05-04/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260504/i7.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260504/p7#a260504p7" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="http://www.reuters.com/">Reuters</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/business/ai-chipmaker-cerebras-targets-115-125-share-price-us-ipo-source-says-2026-05-04/">Source: Cerebras is expected to price its shares at between $115 and $125 and go public with the “CBRS” ticker; Cerebras is targeting a $40B valuation</a></b></span> — AI chipmaker Cerebras Systems, a rival to Nvidia <NVDA.O>, is scheduled to kick off its IPO roadshow on Monday … </p>
Read at source: https://www.techmeme.com/260504/p7#a260504p7