[NEWSLETTER]score: 0.33

Cerebras Systems IPO pops 68%, hits $100B market cap

May 15, 2026

Cerebras Systems debuted on Nasdaq at $350/share against a $185 IPO price, briefly hitting $100B market cap and raising $5.55B in the largest US tech IPO since Uber. The pop signals strong institutional appetite for AI infrastructure hardware plays ahead of anticipated OpenAI and Anthropic public offerings.

SOURCE

https://venturebeat.com/technology/cerebras-stock-nearly-doubles-on-day-one-as-ai-chipmaker-hits-100-billion-what-it-means-for-ai-infrastructure

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