# Cerebras, a Silicon Valley maker of A.I. chips, opened trading of its shares on the stock market at $350, up 89 percent from an I.P.O. price of $185.

*semiconductor · news · 2026-05-14 · The New York Times*

## Key points

- Cerebras opened trading at $350 per share, up 89% from its IPO price of $185.
- Cerebras raised at least $5.6 billion, making it 2024's largest public offering so far.
- Cerebras is now valued at $75 billion, marking the biggest tech IPO globally since 2019.
- SpaceX, OpenAI, and Anthropic are expected to be among the next major A.I. IPOs.
- Cerebras is positioning itself as a challenger to Nvidia's dominance in A.I. chips.

**Companies:** Cerebras, SpaceX, Nvidia, Google, Meta, Microsoft, OpenAI, Anthropic
**Countries:** United States

[Read the full story on The New York Times](https://www.nytimes.com/2026/05/14/technology/cerebras-ipo-ai.html)

---

Canonical: https://newsio.io/n/16e072a2-192f-40d8-9b34-e45c0230244d/cerebras-a-silicon-valley-maker-of-a-i-chips-opened-trading-of-its-shares-on-the
Summarized by Newsio from The New York Times. https://newsio.io/how-it-works