May 14, 2026 marked a major moment for artificial intelligence listings, with Cerebras Systems (NASDAQ:CBRS) surging 68% on its first day of trading on the Nasdaq to close at $311. 07, well above its IPO price of $185 per share.

Shares in the chipmaker nearly doubled as they began trading on the Nasdaq Wednesday in a sign that investor demand for AI-related listings is higher than anticipated. Update Thursday, 2 p.m. ET

Wall Street braces for what could be the largest stock market debut in history, but the most cited academic on US IPO performance is warning buyers to sit on their hands. SpaceX is reportedly targeting a valuation of roughly $1.

Investors are eager to get a slice of AI giants like OpenAI and Anthropic, although some market watchers wonder if AI enthusiasm can support stocks amid a proliferation of options.

Cerebras’ shares surged in their trading debut Thursday, showing that public investors are willing to look past unusual financial risks for companies tied to the AI infrastructure boom. That’s a striking reception for a company that does not look like the clean software listings investors used

Cerebras partners with OpenAI, boosting IPO market cap expectations. Market cap of at least $50 billion on IPO day now at 91% YES.

Escalating geopolitical tensions in West Asia, rising crude oil prices and persistent foreign investor outflows have injected fresh volatility into Indian equity markets, slowing momentum in the country’s primary market.