Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO
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Source: CNBC
Published: 2026-05-15 03:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Trade & Sanctions, Business & Economy
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Snippet:
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company's expected range. That values the chipmaker at over $100 billion.
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