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%.
Notícias
Apenas manchetes de alto sinal - eventos macro, resultados, M&A, regulatório. Listicles e clickbait de analistas filtrados por padrão. Atualizado a cada hora.
(Bloomberg) -- Cerebras Systems Inc., a newly public chipmaker aiming to compete with Nvidia Corp. in AI computer components, gave an annual sales forecast that disappointed investors looking for the company to take a bigger slice of the market.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volati
Chip maker said it expects to keep operating at a loss, highlighting the heavy costs of the AI buildout.
Cerebras Systems beat Wall Street's sales target in its first quarterly report since the AI chipmaker went public in mid-May. But Cerebras stock slid.
The Nasdaq broke key support Tuesday as AI stocks sold off, even as SpaceX reversed higher. FedEx and AI chip IPO Cerebras reported late. Micron earnings loom.
Cerebras Systems's first-quarter revenue nearly doubled, its first financial update since going public showed on Tuesday, as it benefited from robust enterprise demand for its specialized AI chips. Cerebras is poised to benefit from rising demand for high-speed processing to train AI models and particularly for AI inference, or the process of running the models in real time. The chip designer is focused on inference, the process by which AI systems respond to user queries, and has tied much of its growth to OpenAI, including a $20 billion multi-year deal under which the ChatGPT creator will deploy 750 megawatts of Cerebras chips.
The firm maintained its "Outperform" rating on CBRS stock.
Cerebras Systems, an AI chip maker, anticipates first-quarter sales of $181 million, an 82% increase year-over-year.
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
Shoppers keep coming back to these companies.
Cerebras Systems' (CBRS) Q1 results versus expectations will likely depend on supply dynamics and ea
Both offer exposure to the AI infrastructure build-out, but investors need to understand the very different risks behind each stock.
Cerebras Systems' Q1 results, scheduled to be reported on June 23, are likely to benefit from AI infrastructure demand, cloud growth and an AWS collaboration.
MEXC has introduced nine Ondo tokenized stock trading pairs on its platform, providing users with on-chain access to real-world equity exposure in critical technology sectors, including AI, semiconductors, and optical communications. This development highlights the inclusion of AI inference hardware company Cerebras Systems and companies like Corning in optical communications. The tokens are managed by licensed broker-dealers, offering benefits such as 24/7 accessibility without geographical...
Cerebras stock soared 68% on IPO day.
The AI chip company’s stock has fallen from its post-IPO highs and is about to report quarterly results. SpaceX investors should take notice.
Cerebras Systems Inc. (NASDAQ:CBRS) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer discussed the company’s post IPO rally, as he stated: Finally, let’s talk about Cerebras Systems, which makes enormous ultra-fast semiconductors to handle AI inference workloads. It’s supposed to […]
(Bloomberg) -- A series of unusual multibillion-dollar flows has rippled through the exchange-traded fund market in the past week, suggesting some major investors used a contentious method to get exposure to the initial public offering of SpaceX. At least one fund manager placed temporary restrictions on its product in a bid to curb the practice.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy
Cerebras Systems (NasdaqGS:CBRS) has secured a multi billion dollar deal with OpenAI. The company has also announced a partnership with Amazon, expanding its role in AI infrastructure. These announcements highlight fresh commercial traction with major AI and cloud players. Cerebras Systems focuses on purpose built AI compute, aiming to serve workloads that require intensive training and inference. The recent agreements with OpenAI and Amazon place the company directly alongside leading AI...
Cerebras Systems CEO Andrew Feldman joins Kristen Scholer on NYSE Floor Talk
The Elon Musk-led company has attracted investors' attention in recent days.
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.
SpaceX stock was just under $175 shortly after 1 p.m. Eastern, up 30% from its $135 IPO price and up 17% from the $150 opening price. SpaceX sold about 556 million shares in the IPO. It's likely that total trading volume will eclipse the total volume sold in the IPO, which means the average holding period for a SpaceX investor is, theoretically, measured in hours.
Temperatures are rising -- and so is enthusiasm for this new AI stock.