Cerebras Systems Inc. expects to price its US initial public offering at $185 per share, according to people familiar with the matter, as the artificial intelligence chipmaker seizes on the surging demand for semiconductors.
Cerebras Systems Inc. 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’s stock.
Cerebras Systems Inc. is set to increase the price range of its initial public offering as soon as Monday, according to people familiar with the matter, as demand for the artificial intelligence chipmaker’s shares continues to build.
A cluster of companies led by artificial-intelligence chipmaker Cerebras Systems Inc. started formally marketing their US IPOs Monday, as firms weighing second-quarter debuts look to get ahead of SpaceX’s potentially record-breaking listing.
