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Cerebras Systems unveiled the CS-4 rack-scale AI system, said it expects to deliver 600 megawatts of computing capacity by end-2027, and raised fiscal 2026 revenue guidance to $880 million to $890 million.
Nasdaq Composite posts its sharpest weekly decline in months, weighed down by weakness in mega-cap technology stocks
Intel stock is trading flat as the market awaits Micron's earnings report after the bell Wednesday
Take-Two Interactive Software stock trades higher on positive analyst coverage and product updates from Rockstar Games
Oil prices decline as Europe heatwave intensifies and tech sector volatility continues
Wedbush analyst Dan Ives believes the AI revolution is in its third inning and the recent chip sell-off is a 'gut check moment' rather than a sign of weakening demand
Cerebras reports 92% revenue increase, forecasts shrinking margin, and falls 10% in extended trading
Cerebras forecasts shrinking margin in first earnings report since IPO, causing stock to fall 8% in extended trading
Cerebras reports 92% revenue growth in its first earnings report since IPO, with revenue increasing to $99.5 million from a year earlier
Cerebras reports 92% revenue growth in its first earnings report since IPO, with revenue increasing to $99.5 million from a year earlier
Cerebras and Micron are reporting earnings this week, with traders expecting significant moves in their stocks