AI Chipmaker Cerebras Seeks $4.8 Billion Valuation in Upsized IPO

Cerebras, an artificial intelligence chipmaker, is reportedly seeking a $4.8 billion valuation in its upcoming upsized U.S. initial public offering. Demand for its stock is expected to be high.

11 May, 17:44 — 11 May, 17:44

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marketwatchMostly Factual7h ago

Cerebras could be the next hot chip stock as demand swells ahead of its IPO

The IPO may be the largest of the year once it takes place later this week.

By Britney Nguyen

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Coverage Timeline

First report: bloomberg · 11 May, 13:40|Full coverage: 2 · 4h|Window: 4h

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bloomberg11 May, 13:40First to report

AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized US IPO - Bloomberg

4h later

marketwatch11 May, 17:44Latest update

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AI Chipmaker Cerebras Seeks $4.8 Billion Valuation in Upsized IPO

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Cerebras could be the next hot chip stock as demand swells ahead of its IPO

Coverage Timeline

AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized US IPO - Bloomberg

Cerebras could be the next hot chip stock as demand swells ahead of its IPO

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