The claim is directly confirmed by the primary CNBC article ('Cerebras to raise IPO price range to $150 to $160 a share as demand surges, sources say - CNBC'), published May 10, 2026, which states Cerebras is considering raising its IPO price range to $150-$160 per share and increasing shares offered from 28 million to 30 million. This is further corroborated by CNBC's own official X post (CNBC on X: Cerebras to raise IPO price range to $150 to $160 a share as demand surges) and the Odaily secondary report. All three sources are consistent. The only minor caveat is that CNBC's article uses the word 'considering,' indicating this was not yet finalized at time of reporting, but the substance of the claim matches the evidence precisely.