Artificial intelligence chip manufacturer Cerebras Systems raises $5.55 billion in its IPO, the largest so far this year According to Golden Finance, on May 14th, artificial intelligence chip manufacturer Cerebras Systems completed its first public offering in the United States, raising $5.55 billion, seizing the opportunity of the global surge in semiconductor demand. The company's issue price is set at $185 per share, which is higher than the previously recommended pricing range. Cerebras has raised the issuance range and number of shares to be issued on Monday. The original plan for this IPO was to issue 30 million shares, with a pricing range of $150 to $160 per share. Based on the issued shares and outstanding share capital in the application documents, this pricing will result in a market value of approximately $40 billion for Cerebras. According to estimates, after including restricted stock units, employee options, and stock warrants, the company's fully diluted valuation is approximately $49 billion. The data shows that this IPO is the largest so far this year. If Elon Musk's space exploration company SpaceX raises $75 billion as planned and goes public this summer, it is expected to set a record for the largest IPO in history, and Cerebras' new stock issuance has already landed first. (Sina Finance)