Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood
In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.
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$60B AI chip darling Cerebras almost died early on, burning $8M a month
Cerebras Systems was 2026's biggest tech IPO so far. But years ago, it burned through hundreds of millions working on a chip many believed impossibl…