Cerebras shares plunge nearly 20% after missing earnings expectations β hardware sales drop but AI cloud revenue climbs 281%
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Verdict: Cerebras shares tumbled nearly 20% after missing overall earnings targets, despite its AI cloud revenue skyrocketing by 281% amid falling hardware sales.
Check Price: Cerebras
β‘ Quick Hits
* Cerebras stock dropped nearly 20% following a broader earnings miss.
* The company's physical hardware sales experienced a noticeable decline.
* AI