Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards

Cerebras Debuts on Nasdaq with $5.55B IPO, Up 108% on May 16

GateNews
AI Industry NewsStocks

According to BlockBeats, AI chip maker Cerebras Systems listed on Nasdaq on May 16, raising $5.55 billion in the largest IPO globally so far in 2026. The stock surged 108% intraday and closed with a market cap of $67 billion.

The company produces wafer-scale AI chips designed to compete with Nvidia's GPU dominance. Its investors include Benchmark, Fidelity, AMD, and 1789 Capital, a fund involving Donald Trump Jr., which participated in two funding rounds since 2025. Pre-IPO valuation reached $23 billion.

View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

05-15 08:02
Cerebras Jumps 90% in First Day on Nasdaq After Raising $5.55B in IPO
05-15 02:51
Cerebras Hits $95B Market Cap on Nasdaq Debut, Up 68% to $311.07 on May 14
05-14 15:40
Cerebras Systems Debuts on Nasdaq at $325, 76% Above IPO Price on May 14
05-14 14:30
Cerebras Stock to Open at $363 on Nasdaq Debut, Well Above $185 IPO Price
05-14 14:02
Cerebras Raises $5.6 Billion in Year's Largest IPO at $185 Per Share
In-Depth Analysis

Analysis points to the US easing NVIDIA export restrictions to China; Cerebras’ stock price continues to face challenges to its momentum

ChainNewsAbmedia05-15 23:44

Cerebras IPO raises $5.55 billion, with day-one marketcap reaching $95 billion

Market Whisper05-15 02:09

Cerebras IPO jumps 68% on the first day, with 20x oversubscription—challenging NVIDIA’s position

ChainNewsAbmedia05-15 00:24
Comment
0/400
DiepGia666686vip
· 05-16 17:04
Buy to make money 💎
View OriginalReply0
DiepGia666686vip
· 05-16 17:04
Jump into 🚀
View OriginalReply0