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HomeBusinessCerebras shares drop on earnings debut, with margins below AI chip rivals

Cerebras shares drop on earnings debut, with margins below AI chip rivals

June 23: Cerebras Systems on Tuesday forecast 2026 revenue that beat Wall Street estimates, but shares sank as the company’s gross margin forecast confirmed it will be an uphill battle to challenge AI chip leader Nvidia in key markets. Cerebras shares fell 7. 8 per cent in extended trading. Cerebras, wh

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