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May 14, 2026 12:01 PM

Cerebras To Raise $5.55 Billion In Largest Nasdaq Debut Of 2026 Thus Far

Cerebras Systems Inc. (NASDAQ:CBRS) disclosed the pricing of its initial public offering (IPO), which involves 30 million shares priced at $185.00 each.

The Sunnyvale, California-based chipmaker is reportedly raising $5.55 billion in what observers are calling the largest market debut of the year.

The company has an additional option for underwriters to purchase up to 4.5 million shares, which could indicate a strong interest in the stock.

Cerebras shares will start trading on the Nasdaq Global Select Market on May 14. The offering will close on May 15, pending customary closing conditions.

The broader market is showing mixed signals, with the ...