Nvidia competitor Cerebras made a stunning debut on Wall Street Thursday, signaling unstoppable demand for AI chips. Here's how its chips compete with Nvidia's.

Cerebras Systems Inc. raised $5.55 billion in its US initial public offering, as the artificial intelligence chipmaker seizes on the surging demand for semiconductors.

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.

Company raised $5.55bn from sale of 30 million shares

Cerebras priced its IPO at $185, above the range, raising $5.55bn at a $56.4bn valuation. The biggest US tech IPO since Snowflake in 2020.

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.

May 14 : Shares of chip designer Cerebras Systems soared 89 per cent above the initial public offering price on their Nasdaq debut, extending the market's unrelenting frenzy for…

Cerebras Systems’ $5.5 billion IPO and soaring semiconductor stocks underscore how investor attention has shifted from bitcoin to artificial intelligence in 2026.

NEW YORK, May 14 — US chip startup Cerebras Systems announced that its listing on Wall Street will start Thursday at US$185 per share, raising about US$5.5 billion, the largest...

Over the last decade, there were times when Cerebras investors could be forgiven for losing hope. The company, which was attempting the difficult and expensive task of developing…

It topped expectations that were already high.

The explosion in artificial intelligence stocks has been a primary driver of the overall stock market’s performance this year.

The offering is one of the largest U.S. tech IPOs in years and is seen as a wider stress test for a wave of AI listings Wall Street is bracing for later in the year.

Cerebras is taking advantage of a bull market for silicon, as the chipmaker becomes one of the most notable pureplay AI IPOs to date.

Shares of US chip startup Cerebras Systems surged Thursday in its trading debut, more than doubling at one point and hitting a market value of $80 billion. Shortly after 1730 GMT,…

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…

Cerebras’ shares surged in their trading debut Thursday, showing that public investors are willing to look past unusual financial risks for companies tied to the AI infrastructure…

Cerebras closed its first day of trading with a market cap close to $100 billion and turned two co-founders into billionaires in the process.

CNBC's Jim Cramer said Cerebras has a compelling AI story and promising technology, but warned the chipmaker’s valuation has become difficult to justify.

Cerebras debuts on Nasdaq above $100 billion as its wafer-scale AI chip, OpenAI deal and AWS partnership reshape the race for fast inference and cloud infrastructure.