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Cerebras shares surge 68% in Nasdaq debut after $5.5B IPO
Cerebras debuts on Nasdaq with shares closing up 68% at $311.07 after raising $5.5 billion in its IPO, valuing the AI chip company at $67 billion.
Bloomberg: Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut after it raised $5.5B in the year's largest IPO, giving it a market value of $67B — Cerebras Systems Inc.
shares jumped 68% in its trading debut after raising $5.5 billion in the year's largest IPO …
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