{"id":788299,"date":"2026-05-11T07:57:41","date_gmt":"2026-05-11T07:57:41","guid":{"rendered":"https:\/\/www.europesays.com\/us\/788299\/"},"modified":"2026-05-11T07:57:41","modified_gmt":"2026-05-11T07:57:41","slug":"exclusive-cerebras-to-raise-ipo-price-range-to-150-160-as-demand-surges-sources-say","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/788299\/","title":{"rendered":"Exclusive-Cerebras to raise IPO price range to $150-$160 as demand surges, sources say\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b"},"content":{"rendered":"\n

By Echo Wang<\/p>\n

May 10 (Reuters) – Cerebras Systems is set to raise the size and price of its initial public offering as soon as Monday, as demand for the artificial intelligence<\/a> \u200cchipmaker’s shares continues to climb, two people familiar with the matter told Reuters on Sunday.<\/p>\n

The \u200ccompany is considering a new IPO price range of $150-$160 a share, up from $115-$125 a share, and raising the number of shares \u200bmarketed to 30 million from 28 million, said the sources, who asked not to be identified because the information isn’t public yet.<\/p>\n

At the top of the new range, Cerebras would raise roughly $4.8 billion, up from $3.5 billion under its original terms, though the figures remain subject to change before pricing, the people said.<\/p>\n

The increase follows a broader \u200csurge in AI adoption that has \u2060driven sharp demand for high-performance chips and turned semiconductors into a key bottleneck in the technology supply chain. Cerebras’ IPO has drawn orders for more than 20 \u2060times the number of shares available, the people said, as the chipmaker looks to manage surging interest ahead of its May 13 pricing.<\/p>\n

Cerebras did not immediately respond to a request for comment.<\/p>\n

Bloomberg News previously reported the company planned \u200bto raise \u200bthe price range of the IPO to $125-$135 per share.<\/p>\n

Sunnyvale, \u200bCalifornia-based Cerebras makes specialized chips for running \u200cadvanced AI models in a market dominated by Nvidia.Cerebras is seeing surging demand for its processors as AI labs shift from training models to deploying them. Cerebras’ chips are better suited for inference, the computations that allow AI models to respond to user queries, than the GPU chips the industry has long relied on for model training.<\/p>\n

The IPO next week would mark Cerebras’ second attempt to go public – the company first \u200cfiled for an IPO in 2024 but pulled that plan \u200blast year. Its partnership with G42, a UAE-based AI company \u200bthat provided more than 80% of its \u200brevenue in the first half of 2024, had drawn a national security review by \u200cthe Committee on Foreign Investment in the United \u200bStates. The committee eventually \u200bcleared the deal.<\/p>\n

Since then, Cerebras has secured Amazon and OpenAI<\/a>, two of the biggest builders of AI infrastructure in the world, as customers.<\/p>\n

The listing would be the biggest IPO globally so far \u200bthis year, according to Dealogic.<\/p>\n

The offering \u200cis being led by Morgan Stanley, Citigroup, Barclays and UBS Group AG. Cerebras plans for \u200bits shares to trade on the Nasdaq Global Select Market under the symbol CBRS.<\/p>\n

(Reporting by \u200bEcho Wang in New York; Editing by Paul Simao)<\/p>\n","protected":false},"excerpt":{"rendered":"By Echo Wang May 10 (Reuters) – Cerebras Systems is set to raise the size and price of…\n","protected":false},"author":3,"featured_media":788300,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[31171,64,152801,12039,511,67,132,68],"class_list":{"0":"post-788299","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ai-company","9":"tag-business","10":"tag-cerebras-systems","11":"tag-demand","12":"tag-initial-public-offering","13":"tag-united-states","14":"tag-unitedstates","15":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116554881230445657","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/788299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=788299"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/788299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/788300"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=788299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=788299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=788299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}