Tag: profit surprise,
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Cerebras shares surge as profit surprise, forecast raise ease AI spending worries
Nov 13 : Cerebras Systems’ shares surged about 17 per cent on Friday after the AI chipmaker raised its annual sales forecast and posted a surprise profit, signaling momentum in its push to challenge Nvidia in the AI chip market.The rally would add nearly $4 billion to Cerebras’ market value if gains hold, cal
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