---
title: "Cerebras stock jumps 108% on day one after $5.5B IPO"
description: "AI chipmaker Cerebras raised $5.5 billion in the first huge tech IPO of 2026; shares opened at $385, more than double the IPO price."
url: https://kurddevelopers.com/en/news/cerebras-ipo-5-5-billion
language: en # English
type: news
published: 2026-05-14T16:30:00.000Z
updated: 2026-11-02T04:22:45.000Z
author: "Osamah Ismail"
author_url: https://kurddevelopers.com/en/author/1
section: "Startups"
tags: ["Cerebras","IPO","AI Chips","Nasdaq"]
sources: ["TechCrunch","SEC"]
image: https://kurddevelopers.com/uploads/2026/11/cerebras-nasdaq-opening-bell-2d936e13.png
translations:
  ku: https://kurddevelopers.com/news/cerebras-ipo-5-5-billion
  ar: https://kurddevelopers.com/ar/news/cerebras-ipo-5-5-billion
publisher: Kurd Developers
publisher_url: https://kurddevelopers.com/
---

# Cerebras stock jumps 108% on day one after $5.5B IPO

> AI chipmaker Cerebras raised $5.5 billion in the first huge tech IPO of 2026; shares opened at $385, more than double the IPO price.

![Image: Nasdaq](https://kurddevelopers.com/uploads/2026/11/cerebras-nasdaq-opening-bell-2d936e13.png)

## What happened
**Cerebras**, maker of giant **AI chips**, raised **$5.5 billion** in its **IPO**, the first huge tech IPO of 2026.

## The numbers
| | |
|---|---|
| IPO price | $185 |
| Opening price | $385 (+108%) |
| First-day close | $311 |
| Valuation | about $66 billion |

## Financials
- 2025 revenue: **$510 million** (+76%).
- Net income: **$237.8 million**, after a loss of nearly half a billion the year before.
- Customers include **OpenAI**, **G42**, **MBZUAI** and **AWS**.

**Sources:** TechCrunch, SEC

---

Published by [Kurd Developers](https://kurddevelopers.com/) on 2026-05-14. Cite as: “Cerebras stock jumps 108% on day one after $5.5B IPO”, Kurd Developers, https://kurddevelopers.com/en/news/cerebras-ipo-5-5-billion