According to Reuters, AI chipmaker Cerebras Systems started its IPO roadshow on May 4 for a Nasdaq listing under the ticker CBRS. The company plans to price shares at US$115 to US$125 and could raise up to US$4 billion at a valuation of approximately US$40 billion. This marks Cerebras’ second attempt to go public after withdrawing its previous filing in October 2025.
Cerebras’ revenue rose to US$510 million in 2025 from US$290.3 million in 2024, while earnings per share improved to US$1.38 from a loss of US$9.90 in the prior year.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Morgan Stanley Raises S&P 500 Earnings Forecast to 4% on Strong Tech Profits
According to Morgan Stanley strategist Michael Wilson on May 4, robust U.S. corporate earnings, particularly from the technology sector, are offsetting concerns about Middle East conflict impacts on equities. Michael Wilson's team reported that S&P 500 profit expectations have been raised across
GateNews13m ago
Gamestop Bids $56B for Ebay, Leveraging $519M Bitcoin Treasury
Gamestop has made an unsolicited $55.5 billion offer to acquire Ebay, backed by a $20 billion bank commitment alongside a $519 million bitcoin treasury that CEO Ryan Cohen quietly built during fiscal 2025.
Key Takeaways:
Gamestop offered
Coinpedia32m ago
Financial Expert Explains Why the Stock Market Is Going to Crash, Could Crypto Rally Instead?
Financial expert explains why the stock market is going to crash.
He goes into detail on how the Fed could respond and how best to navigate it.
Could a crypto price rally occur instead?
A reputed financial expert explains why the stock market is going to crash sometime this year,
CryptoNewsLand55m ago
Nvidia challenger Cerebras plans to go public at a valuation of $40 billion, but the real engine behind it is TSMC’s 5-nanometer process
Cerebras is set to list on Nasdaq, with an estimated valuation of about $40 billion and a fundraising cap of $4 billion, issuing shares at $115–$125. Powered by its wafer-scale processor WSE, it positions itself as an AI infrastructure platform, with clients including OpenAI and AWS, and TSMC as a key contract manufacturer. Revenue in 2025 is expected to be $510 million but with losses, relying on a small number of major customers such as G42 and MBZUAI; OpenAI plans to deploy 750MW of low-latency compute, and AWS Bedrock also has a partnership.
ChainNewsAbmedia1h ago
Three-Circle Eyes $1B Hong Kong IPO After China Approval
Chaozhou Three-Circle Group has filed for a Hong Kong listing targeting up to US$1 billion in fundraising after securing regulatory approval in China, according to Reuters. The Guangdong-based ceramic components manufacturer filed its draft prospectus in December 2025 and plans to deploy proceeds to
CryptoFrontier1h ago
WisdomTree Crypto ETP Inflows Hit $137M in Q1
WisdomTree crypto ETPs saw $137M inflows in Q1 2026, reversing prior-year outflows and signaling renewed investor interest.
Crypto AUM reached $1.8B despite market declines, while total firm assets grew over 30% year over year.
Product expansion and tokenization efforts boosted
CryptoFrontNews1h ago
