AI chip manufacturer Cerebras made a strong debut on the U.S. stock market, with shares opening at $390, a 114% increase over the IPO price of $185. The company raised approximately $5.55 billion by selling 30 million shares, marking one of the largest IPOs in the AI infrastructure sector this year. Cerebras's innovative chip design, which uses the entire surface of a silicon wafer, integrates 4 trillion transistors and 900,000 AI-optimized cores, offering significant advantages for large-scale AI training and inference. Cerebras's partnership with OpenAI, valued at over $10 billion, includes warrants for more than 33 million shares. Despite the Nasdaq indicative opening price, pre-IPO trading on Hyperliquid chain’s Perp DEX Trade.xyz quoted Cerebras at $350 per share. The company's technology eliminates traditional inter-chip communication bottlenecks, making it highly efficient for processing trillion-parameter models.