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Sources: Cerebras plans to raise its IPO price range from $115 to $125 per share to $150 to $160 per share, potentially raising ~$4.8B at the top of the range

Cerebras Systems is set to raise the size and price of its initial public offering as soon as Monday, as demand …

Reuters Echo Wang

Discussion

  • @profitfry Pete on x
    Everyone so bullish but idk I have a feeling Jensen has a trick up his sleeve I wouldn't buy the IPO
  • @stocktwits @stocktwits on x
    “I'm going to buy the heck out of this thing.” 💸 @Buncahn explained on After Hours why he's interested in Cerebras, which is set to IPO this week 👀 [video]
  • @firstadopter Tae Kim on x
    I wouldn't touch Cerebras with a 100 foot pole. Sure, it may go up on hype sentiment in the short term, but it's far too fundamentally risky (scaling and future execution)
  • @kimmonismus @kimmonismus on x
    Cerebras inference chips aim for the biggest IPO globally so far this year Cerebras Systems is reportedly preparing to lift both the size and price of its IPO after investor demand for the AI chipmaker's shares surged, with orders said to exceed available stock by more than 20 [i…