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Cerebras Shares Rise Nearly 20% as Q3 Results and Q4 Outlook Beat

The U.S.-listed AI chipmaker's third-quarter results and fourth-quarter outlook both exceeded market expectations.

A processor chip rests on a circular inspection platform / TokenPost.ai
A processor chip rests on a circular inspection platform / TokenPost.ai

Cerebras shares rose nearly 20% in premarket trading Friday after the AI chipmaker posted third-quarter results that exceeded market expectations and issued a fourth-quarter outlook that also beat forecasts.

The update covered both the company's recent performance and its expectations for the coming quarter. Cerebras is a U.S.-listed AI chip company.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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