Cerebras Systems reported better-than-expected revenue of $230.9 million for Q3, surpassing analyst estimates of $214.7 million, despite a loss per share of 67 cents. The AI chipmaker announced a new partnership with Microsoft, with revenue from this deal expected to begin in Q1 2027. Cerebras also has agreements with Amazon and Oracle and expects its revenue to triple in 2027, aiming for about $2.85 billion. The company is positioning itself as a competitor to Nvidia in the AI chip market, and its shares rose 13% in after-hours trading following the earnings report.
Cerebras Systems' partnership announcement with Microsoft helped push its shares up by nearly 12% on Pluang as of Nov 13, 2026 04:12 WIB, reaching USD 113.14. Microsoft shares also inched up 0.32% to USD 522.77 during the same period. Despite the excitement around Cerebras, most Pluang traders are currently selling the stock, with 82% of order activity on the platform being sell orders.
Pomerantz LLP is investigating Cerebras Systems following its stock price drops triggered by disappointing Q1 2026 results and a critical report from short seller Culper Research. The report alleges severe engineering flaws in Cerebras's silicon wafe...
Pomerantz LLP is investigating Cerebras Systems Inc. for possible securities fraud following a sharp stock decline after the company missed earnings estimates and issued a weaker gross margin forecast. The stock fell nearly 20% after Q1 2026 results ...
Bilt has chosen Cerebras Systems to provide high-speed AI infrastructure for its new Bilt Neighborhood OS and Bilt Concierge personal assistant. This partnership will enable real-time AI-powered services for over 8 million members and 50,000 merchant...
