Cerebras stock plummets after mixed quarterly results tests AI narrative

AI Summary AI firm Cerebras Systems saw its stock fall as much as 17% in after-hours trading on Wednesday even with the chipmaker beating Wall Street’s expectations on most metrics and raising its full-year revenue forecast. The reaction is important for investors in the AI infrastructure industry, as it helps in assessing if top AI infrastructure names... fulltext: 353 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/cerebras-dips-hardware-sales-shrink/ Source: CryptoPolitan