Monday - Friday, 6:00 - 7:00 PM ET CNBC’s Jim Cramer said Cerebras has a compelling AI story and promising technology, but warned the chipmaker’s post-IPO valuation has become difficult to justify. He ...

Cerebras could be worth up to $48.8 billion based on the new price range for its initial public offering, which Nasdaq expects this week. Nasdaq expects the Cerebras IPO to take place on May 14. Elon ...

At the high end of the range, this implies a roughly $49 billion valuation for Cerebras, with the company raising as much as $4.8 billion in proceeds through the offering. That's more than double the ...

The Cerebras Systems IPO was a smash hit on Thursday, generating billions for itself, its founders, and its major investors. Among the big winners is major shareholder Benchmark, which owns 9.5% of ...

Cerebras designs wafer-scale chips that use an entire 12-inch silicon wafer. The result is a chip roughly 30 times the size of Nvidia's Blackwell B200 package with 19 times as many transistors per ...

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Investors can’t seem to get enough of artificial intelligence infrastructure stocks, and that is pointing to massive demand for semiconductor chip designer Cerebras’ upcoming IPO. Cerebras CBRS, which ...

NEW YORK, May 13 (Reuters) - Cerebras Systems priced its U.S. initial public offering at $185 per share on Wednesday, above the top end of its indicated price range, the company said, confirming a ...

Cerebras Systems raised $5.5 billion in its IPO on Thursday, pricing shares at $185 Wednesday evening, way higher than its range ($115 to $125, later raised to $150 to $160), even as it increased the ...

Cerebras Systems priced its IPO at $185 per share on Wednesday evening, targeting a $5.5 billion raise and valuing the AI chipmaker at $40 billion, according to the Financial Times. The company, a ...

Sam Altman got a whole lot richer Thursday morning. The OpenAI CEO has a multimillion-dollar stake in the chipmaker Cerebras, which kicked off the largest initial public offering of the year on ...

Cerebras Systems Inc. (NASDAQ:CRBS) is one of the 10 Stocks With Unbelievable Gains. Cerebras Systems soared by as much as 108 percent in its first trading day as a publicly listed company, as ...