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Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019 (Jordan Novet/CNBC)

Techmeme
Techmeme

Jordan Novet / CNBC: Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019  —  Cerebras Systems soared 68% in its Nasdaq debut on Thursday, closing at $311.07 after selling shares at $185, well above the company's expected range.