Cerebras Stock Falls Despite Improving Outlook For AI Chip Sales
Licensing
11:43 AM ET 06/24/2026
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…











