Cerebras stock (CBRS) price today: Cerebras makes a remarkable Nasdaq debut with a 90% stock surge, signaling intense investor interest in AI chips as competition escalates with major tech companies like Nvidia, AMD, and Intel. Learn more about Cerebras' IPO and its implications for the AI landscape.

Cerebras raised $5.55 billion in its IPO, and with the chipmaker's offering, investors are gearing up for some even bigger AI deals later this year.

The next-gen chipmaker first filed for its IPO in September 2024. Now, after snags that held up its debut, it’s a public company.

Cerebras Systems, the AI chipmaker rival to Nvidia, is set to raise more than $5.5bn after pricing its US IPO at $185 per share.