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Cerebras shares tumbled about 14% before the bell on Wednesday after the chip designer warned that annual profit margins ‌would undershoot first-quarter figures in its debut earnings following a ‌blockbuster initial public offering. Cerebras forecast adjusted gross margins of 38% to 41% for 2026, compared with the 47% it reported ‌for the first quarter. The ⁠projection is far below those of rivals such as Nvidia's mid-70% range and Advanced Micro Devices' mid-50%, even as it ⁠came above analysts' estimates of 29.58%.

Nasdaq futures were up after the selloff halted a boom in AI-related stocks. Micron Technology earnings after the close will be closely watched.

Cerebras Systems said it expects to keep operating at a loss through year-end, pointing to the heavy costs to build out artificial intelligence. The company projected full-year core operating margins, which exclude certain items, of between negative 28% and negative 32%.

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The firm maintained its "Outperform" rating on CBRS stock.

Cerebras is set to report earnings Tuesday for the first time since its IPO, with traders anticipating a big move in the AI chipmaker's stock.

Cerebras Systems (NASDAQ:CBRS) is approaching its first earnings report as a public company with execution rather than demand as the key variable to watch, according to Wedbush analysts. Demand risk is "almost zero," according to Wedbush, given Cerebras's existing deals with OpenAI and...

This AI Infrastructure Stock Could Be Poised for Another Breakout

US equity investors will focus this week on quarterly earnings from Micron Technology (MU) and infla

Cerebras stock soared 68% on IPO day.

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Astera Labs, up almost 300% year to date, and Reddit both experienced significant post-IPO volatility before long-term success.

Astera Labs, up almost 300% year to date, and Reddit both experienced significant post-IPO volatility before long-term success.

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Needham sees more room for Cerebras to climb as its AI chip edge, and high-profile partnerships strengthen the growth story.

With the post-IPO quiet period behind it, Wall Street is finally weighing in on Cerebras, and a wave of bullish analyst calls is giving investors fresh reasons to pay attention to CRBS stock.

IPOs have had juicy first-day gains this year, but it doesn’t take long for the pullback to start. And that is particularly true for mega IPOs.

For weeks after Cerebras Systems (CBRS) went public on May 14, Wall Street analysts largely stayed silent. That changed this week, which started June 7, when the post-IPO quiet period ended, unleashing a wave of coverage from several brokerages, including Morgan Stanley, which issued its first-ever ...

Multiple brokerages initiated coverage on the stock with a bullish view, citing Cerebras’ first-mover advantage in the fast inference market.

Cerebras is partnering with Amazon and OpenAI while excluding Nvidia from its supplier strategy.

The forthcoming mega-IPOs could signal something very important about the stock market.

Anthropic just confidentially filed its S-1 with the Securities and Exchange Commission.

(Bloomberg) -- Cerebras Systems Inc. plans to cooperate with a wide variety of suppliers of AI data center components, opening the way for further partnerships that mirror its agreement with Amazon.com Inc.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableTikTok Billionaire Overtakes M

Anthropic has confidentially filed its S-1 with the Securities and Exchange Commission.

The AI company submitted a confidential filing this week.

SpaceX just filed its S-1 ahead of what could be the largest IPO in history.

Cerebras offers a new way to play the AI boom through chips.

The SpaceX IPO is an optical illusion hiding in plain sight.

Rushing to own the latest “hot” stock can make you a financial victim in just a matter of days… or even hours.

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