Exclusive: Cerebras to raise IPO price range to $150-$160 as demand surges, sources say​​​​​​​​​​​​​​​​ - Reuters

<a href="https://news.google.com/rss/articles/CBMivAFBVV95cUxNY244WUUzell2dkNuUURiTGRfMnVRSHJlMk10bTVEY1dTOTYtNk1uX0JLTHZXLU96MlNiNGtIYTJSbXpkQVVyWlJuN0J6dXRQckIzQmhYOGZ3NkxEei1rRzdQZW5UeWY0VUprWFhuelk2Yjd3NW05eXJDaXowV183T1VJLXlJSldHWnUtelZ4UFZNSVcwNVlXSGVYc2RUZnBiNGVOdWdtZzhKN1RUMWZ3cUROZFM3WWNhTHhYbw?oc=5" target="_blank">Exclusive: Cerebras to raise IPO price range to $150-$160 as demand surges, sources say​​​​​​​​​​​​​​​​</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Cerebras Systems has raised its IPO price range due to overwhelming investor demand, with the offering reportedly oversubscribed by more than 20 times, orders exceeding $10 billion, and pricing potentially climbing higher before shares begin trading on Nasdaq under the ticker CBRS.

Cerebras Systems Inc. is considering raising its initial public offering price range to between $150 and $160 per share, up from $115 to $125 per share previously, due to strong investor demand, according to Reuters.

Cerebras Systems Inc. plans to increase the price range of its initial public offering to $125 to $135 per share, up from $115 to $125, amid strong demand from investors, according to Bloomberg News.

Artificial intelligence chipmaker Cerebras aims to raise as much as $3.5 billion by going public on the Nasdaq, offering 28 million shares at $115 to $125 each, according to an updated prospectus filed on May 4, 2026.

Cerebras Systems plans to increase its IPO price range to $150-$160 per share and raise the number of shares offered to 30 million, aiming to raise approximately $4.8 billion, due to strong demand for its AI chips.

Cerebras' IPO was 3x oversubscribed, drawing over $10 billion in demand against a $3.5 billion offering at a $26.6 billion valuation, with a $10 billion OpenAI supply contract and 20x inference speed edge over Nvidia anchoring the bull case.

Cerebras Systems is considering raising its IPO price to $150 to $160 per share and increasing the number of shares marketed to 30 million, aiming to raise up to $4.8 billion, due to massive interest in its AI chips.