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Cerebras stock debut sends chip startup to $80 billion value after shares surge nearly 80 percent
Business
Published on 14 May 2026
The IPO pop briefly pushed shares beyond $385
US chip startup Cerebras Systems roared into public trading, with shares jumping more than 80% on Nasdaq and briefly more than doubling earlier in the session. The company reached a market value of about $80 billion during the trading debut. Around 1730 GMT, Cerebras was trading at $332.51, after having surged to roughly $385 at one point. The strong debut reflects continued investor demand for companies tied to the artificial intelligence spending and chip investment boom.
- Cerebras Systems surged in its Nasdaq trading debut
- Shares more than doubled at their peak during the day
- Market value hit roughly $80 billion in early trading
- Stock was at $332.51 after rising about 80%
- Shares earlier touched around $385 before easing
- The rally highlights AI-chip investor appetite
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times