ChipsCNBC Techabout 1 hour ago
Cerebras Revenue Jumps 70% on Microsoft Deal
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Cerebras Systems reported Q3 core revenue of $230.9 million, beating the $214.7 million estimate, while CEO Andrew Feldman announced a new deal with Microsoft. Shares jumped 18% after hours. The company expects revenue to triple to about $2.85 billion in 2027, challenging Nvidia in the AI chip market.
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