๐ Cerebras $CBRS tanks -17% premarket โ AI chip darling posts worse-than-expected results
Cerebras Systems (NASDAQ: CBRS) is falling 17.4% to $216 premarket Thursday after the AI chip designer reported quarterly results that missed Wall Street expectations. The high-flying stock had been a standout in the AI infrastructure trade, making this miss a painful reversal for momentum holders. Not financial advice. Is this a buy-the-dip setup or a signal the AI chip euphoria is cooling?
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