Cerebras reports Q2 revenue up 74% YoY to $180M and raises its annual revenue and gross margin forecasts; CBRS drops 14%+ after hours (Reuters)

<a href="https://www.reuters.com/business/cerebras-raises-annual-targets-strong-ai-chip-demand-2026-08-12/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260812/i49.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260812/p49#a260812p49" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="http://www.reuters.com/">Reuters</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/business/cerebras-raises-annual-targets-strong-ai-chip-demand-2026-08-12/">Cerebras reports Q2 revenue up 74% YoY to $180M and raises its annual revenue and gross margin forecasts; CBRS drops 14%+ after hours</a></b></span>&nbsp; &mdash;&nbsp; Cerebras Systems (CBRS.O) raised its annual revenue and gross margin forecasts on Wednesday, buoyed by robust demand for its chips from companies ramping up data-center capacity to power AI services.</p>