tech

AI Chipmaker Cerebras Raises $5.55 Billion in Year’s Biggest IPO

Bloomberg Tech · May 14, 2026, 4:23 PM · Also reported by 4 other sources

Cerebras raised $5.55 billion in its US initial public offering, as the AI chipmaker seizes on the surging demand for semiconductors. This is the largest IPO of the year so far. Shares were priced to open 89% above their listing price. Cerebras CEO Andrew Feldman joined Ed Ludlow on "Bloomberg Tech"

Read full story on Bloomberg Tech → More top stories

Also covered by

TechCrunch AI Cerebras raises $5.5B, kicking off 2026’s IPO season with a bang Yahoo Finance Cerebras stock set to start trading in biggest IPO of 2026 Yahoo Finance Cerebras stock opens at $350 per share in biggest IPO of 2026 CNBC Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Tech alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

AI Chipmaker Cerebras Raises $5.55 Billion in Year’s Biggest IPO

Also covered by

More in tech