Cerebras shares plummet 16% after results fail to impress investors

Aug 12 : AI chip designer Cerebras Systems slumped 16 per cent in extended trading on Wednesday after missing quarterly revenue estimates, suggesting that Wall Street was ready to punish richly valued AI stocks if they slipped up on any key metric.Shares of the company have gained more than 41 per cent from i
2026-08-12 20:07:32