Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood
Cerebras shares fell after its first public earnings report raised investor concerns about narrowing gross margins in its core AI chip business.
Excerpt
In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.
Read at source: https://techcrunch.com/2026/06/24/cerebras-stock-plunges-after-earnings-as-ceo-says-margin-outlook-was-misunderstood/