---
title: "\"NVIDIA Challenger\" Cerebras Reportedly to Go Public Next Week, Potentially the Largest IPO in the US This Year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285785237.md"
description: "Reports indicate that Cerebras plans to list on May 14, with filings this week showing the company's IPO could raise up to $3.5 billion. In January, OpenAI and Cerebras signed a cooperation agreement worth over $10 billion, under which OpenAI holds warrants to purchase more than 33 million shares"
datetime: "2026-05-09T00:10:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285785237.md)
  - [en](https://longbridge.com/en/news/285785237.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285785237.md)
---

# "NVIDIA Challenger" Cerebras Reportedly to Go Public Next Week, Potentially the Largest IPO in the US This Year

According to US media reports on Friday, May 8, Cerebras plans to go public next Thursday, May 14. This IPO is expected to be the largest new stock issuance in the United States this year.

Filings submitted by the manufacturer of "dinner-plate-sized" AI chips this week show an IPO pricing range of $115 to $125 per share. If priced at the upper end, the fundraising scale will reach $3.5 billion.

Cerebras's chips occupy the entire surface of a single silicon wafer, whereas traditional processes typically etch dozens of chips onto the same wafer. In January this year, OpenAI and Cerebras signed a cooperation agreement valued at over $10 billion, under which OpenAI holds warrants to purchase more than 33 million shares of the company.

Cerebras had previously withdrawn its listing plan last October. It subsequently re-filed its prospectus last month, intending to list under the ticker symbol CBRS.

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