Cerebras to Boost Price of IPO to as High as $160, Reuters Says

🇺🇸 Bloomberg (US) —

AI Summary

Cerebras Systems is contemplating increasing the price range for its upcoming initial public offering, anticipating a shift from $115-125 to $150-160 per share. This move suggests strong investor interest and valuation adjustments in the tech IPO landscape.

Cerebras Systems Inc. is considering raising its initial public offering price range to between $150 and $160 per share, up from $115 to $125 per share previously, Reuters reported on Sunday.

Markets Deals AI & Tech Cerebras IPO tech valuation investor interest public offering

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