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Cerebras Sees $855M–$865M Annual Sales, Below Hopes; Shares Fall 8%

  • Infra & Chips
  • Funding & M&A
  • Foundation Models

AI chipmaker Cerebras Systems (Nasdaq: CBRS) reported its first post-IPO quarter and full-year sales outlook on June 23, 2026, projecting annual revenue of $855M–$865M—short of what investors hoping for faster market gains had wanted—sending shares down about 8% in after-hours trading.

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