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Cerebras shares surge as surprise profit, forecast raise ease AI spending worries

Nov 13 : Cerebras Systems' shares gained more than 14 per cent in premarket trading on Friday, after the chipmaker raised its annual sales forecast and posted a surprise profit, indicating momentum in its challenge to Nvidia in the AI chip market.The gains, if they hold, would add over $3 billion to Cerebras

CNA · — read at CNA

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