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Cerebras boosts IPO price range to 150 160 as AI chip demand explodes
Technology
Published on 11 May 2026
Investors want more than the first IPO terms allowed
Cerebras Systems is considering raising its IPO price range to $150 to $160 after demand for its AI chips surged. The company may also expand the offering size by selling more shares. The update comes as strong adoption of AI models increases demand for its processors, which are being used for deployments at scale.
- Cerebras may lift its IPO price range to $150 to $160
- Demand for its AI chips is rising faster than expected
- Company is weighing a larger IPO via more shares
- Growth is tied to wider AI model deployment
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times