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Cerebras Stock Falls Despite Improving Outlook For AI Chip Sales

Yahoo Finance · Jun 24, 2026, 3:43 PM · Also reported by 4 other sources

Cerebras Systems (CBRS) stock fell Wednesday after the AI chipmaker delivered its first quarterly report as a publicly-traded company. The firm posted better-than-expected sales and outlook, but investors focused on its soft gross profit margins. The Sunnyvale, Calif.-based company said its first-quarter sales rose 94% year over year to $193.4 million, topping the consensus estimate of $181.2 million. For the…

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Cerebras Stock Falls Despite Improving Outlook For AI Chip Sales

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