Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure

VentureBeat
May 14, 2026, 5:38 pm123 ptsTrending
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 IPO price — and rocketing past a $100 billion market capitalization in its first hours of trading. The debut…

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