3 outlets·5 reports
Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut after it raised $5.5B in the year's largest IPO, giving it a market value of $67B (Bloomberg)
ThinkingNews Desk · how this was written
Cerebras priced its IPO at $185 per share, selling 30 million shares and raising roughly $5.5 billion, making it the largest U.S. tech IPO since Snowflake. The stock opened above $350, valuing the chipmaker at more than $100 billion, and closed its Nasdaq debut at $311.07, up about 68% and giving the company a market value of roughly $67 billion.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted (Jordan Novet/CNBC)
- The Next Web·Cerebras raises $5.55bn in the biggest US tech IPO since Snowflake
- TechCrunch·Cerebras raises $5.5B, kicking off 2026’s IPO season with a bang
- TechMeme·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)
- TechMeme·Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut after it raised $5.5B in the year's largest IPO, giving it a market value of $67B (Bloomberg)
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