Cerebras Earnings: Hardware Business Declines in Sign of ‘Lumpy’ Demand

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Cerebras shares plunge 18% after missing quarterly estimates

AI chip designer Cerebras Systems dropped over 18% in premarket trading after missing revenue estimates and projecting slower growth than anticipated, despite soaring cloud revenue.

Aug 12, 20264 sourcesCompute, chips & AI infrastructure AI startups

Cerebras shares plunge 18% after missing quarterly estimates

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Reuters

Cerebras shares plummet 16% after results fail to impress investors | Reuters

CNBC

Cerebras stock plunges 14% after second earnings report following IPO

Reuters

Cerebras Earnings: Hardware Business Declines in Sign of ‘Lumpy’ Demand

Part of story

Cerebras shares plunge 18% after missing quarterly estimates

Other sources for this story

Cerebras shares plummet 16% after results fail to impress investors | Reuters

Cerebras stock plunges 14% after second earnings report following IPO

Cerebras slumps as mixed quarterly results test AI growth narrative | Reuters

Cerebras Earnings: Hardware Business Declines in Sign of ‘Lumpy’ Demand

Part of story

Cerebras shares plunge 18% after missing quarterly estimates

Other sources for this story

Cerebras shares plummet 16% after results fail to impress investors | Reuters

Cerebras stock plunges 14% after second earnings report following IPO

Cerebras slumps as mixed quarterly results test AI growth narrative | Reuters