TechCNBC1h ago

Cerebras opens at $350, valuing the chipmaker at $100B+

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

Cerebras opens at $350, valuing the chipmaker at $100B+

Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company's expected range.

Read full article

Source: CNBC · Opens in new tab