Where Cerebras' monster debut puts in among tech's biggest IPOs

Adrian Bogdan

Cerebras Systems narrowly missed joining Facebook-parent Meta and Alibaba as one of the few companies to have ended its first day trading on Wall Street with a market cap of over $100 billion. The semiconductor company's shares were 68% higher at the closing bell on Thursday, giving it a market cap of about $95 billion. During Alibaba's IPO in 2014, the Chinese tech giant had a market cap of over $231 billion at the close of its first day of trading, eclipsing Facebook's market valuation of

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Where Cerebras' monster debut puts in among tech's biggest IPOs https://www.cnbc.com - 15.05.2026 00:25

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Where Cerebras' monster debut puts in among tech's biggest IPOs https://www.cnbc.com - 15.05.2026 00:25