AI Chipmaker Cerebras Tops Q3 Views, Adds Big Customers
Detailed summary
AI chipmaker Cerebras beat expectations for the third quarter and with its Q4 outlook. Cerebras stock jumped. The post AI Chipmaker Cerebras Tops Q3 Views, Adds Big Customers…
Artificial intelligence chipmaker Cerebras Systems (CBRS) late Thursday smashed expectations for the third quarter and with its Q4 outlook. Cerebras stock jumped in extended trading. The Sunnyvale, Calif.-based maker of AI chips and data center infrastructure lost 67 cents a share on core revenue of $230.9 million in the September quarter. Analysts polled by FactSet had expected core revenue of…
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