AI chip manufacturer Cerebras Systems is expected to price its IPO at $185 per share
16 hour ago / Read about 0 minute
Author:小编   

On May 13 local time, AI chip company Cerebras Systems announced its IPO pricing at $185 per share, aiming to raise over $5.5 billion. The company plans to issue 3 million Class A common shares and grant the underwriters a 30-day over-allotment option. The stock is expected to start trading on Nasdaq on May 14 under the ticker symbol "CBRS".