Cerebras Completes Largest U.S. Tech IPO Since Snowflake's 2020 Debut
Cerebras Systems (NASDAQ: CBRS) completed the largest tech IPO in the U.S. since Snowflake, raising $5.55 billion with a valuation of approximately $56.4 billion. Shares opened at double their IPO price and closed significantly higher on its first day of trading.
Topics: AI chips Cerebras Systems IPO stock performance