# Cerebras Stock Falls Below IPO Price

> Cerebras stock dropped below its IPO price as AI infrastructure selloff hits chip makers.
- Title: Cerebras Stock Falls Below IPO Price · Startup Fortune
- Summary: Cerebras stock dropped below its IPO price as AI infrastructure selloff hits chip makers. Cerebras stock sank below its IPO price after AI infrastructure…
- Keywords: cerebras, ai chip stock, ipo price, ai selloff, nvidia, openai, coreweave, ai infrastructure, stock price, nvidia gpu, wafer-scale chip, ai compute
- Source: Startup Fortune — https://startupfortune.com/cerebras-stock-sank-below-its-ipo-price-as-the-ai-selloff-hit-chips
- Published: 2026-10-19T07:33:08+00:00
- Read time: 1 min
- Topics: cerebras, ai chip stock, ipo price, ai selloff, nvidia, openai, coreweave, ai infrastructure, stock price, nvidia gpu, wafer-scale chip, ai compute
## Cerebras stock price drop
Cerebras shares slipped to $177.65 on October 1, breaking below its $185 IPO price.
## Lockup expiration impact
A lockup expiration freed 13% of shares to trade, triggering $84 million in planned sales.
## Insider selling activity
CTO Sean Lie sold over $153 million in equity, while CEO Andrew Feldman reduced stake by 28.5%.
## IPO performance
Cerebras opened at $350, hit $385, triggering a circuit breaker, and raised $5.55 billion.
## Company fundamentals
Cerebras made a wafer-scale AI chip competing with Nvidia GPUs, posting $510 million revenue in 2025.
## Profitability shift
The company flipped from $481.6 million net loss to $87.9 million net income in 2.
## AI infrastructure selloff
CoreWeave fell 60% from IPO highs, with bonds yielding 15% signaling debt concerns.
## Market reaction
Nvidia dropped 10% over three days, erasing $400 billion market value and falling below $3 trillion.
## Key takeaway

Cerebras stock sank below its IPO price after AI infrastructure selloff tested investor confidence.