{"id":424789,"date":"2026-05-13T01:18:08","date_gmt":"2026-05-13T01:18:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/424789\/"},"modified":"2026-05-13T01:18:08","modified_gmt":"2026-05-13T01:18:08","slug":"ai-chipmaker-cerebras-is-said-to-guide-ipo-pricing-above-range","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/424789\/","title":{"rendered":"AI Chipmaker Cerebras Is Said to Guide IPO Pricing Above Range"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/CBRS:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Cerebras Systems Inc.<\/a> is guiding prospective investors that it expects to price its initial public offering above the top of its marketed range, according to people familiar with the matter, as demand soars for the chipmaker\u2019s stock.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The company is offering 30 million shares in the IPO for $150 to $160 each, after <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-11\/ai-chipmaker-cerebras-systems-seeks-4-8-billion-in-upsized-ipo\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">revising<\/a> the range and number of shares higher on Monday. At that price and size, the IPO would raise $4.8 billion, making it the year\u2019s largest first-time share sale, excluding offerings with private placements.<\/p>\n","protected":false},"excerpt":{"rendered":"Cerebras Systems Inc. is guiding prospective investors that it expects to price its initial public offering above the&hellip;\n","protected":false},"author":2,"featured_media":424790,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,5740,363,364,138,275,217848,19982,70395,648,40365,220,111,139,5742,69,6583,8183,145],"class_list":["post-424789","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-amazon-com-inc","tag-artificial-intelligence","tag-artificialintelligence","tag-business","tag-canada","tag-cerebras-systems-inc-a","tag-elon-reeve-musk","tag-equity-capital-markets","tag-industries","tag-ipos","tag-markets","tag-new-zealand","tag-newzealand","tag-nvidia-corp","tag-nz","tag-philadelphia","tag-software","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/424789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=424789"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/424789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/424790"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=424789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=424789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=424789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}