News

Cerebras shares surge on record Q3, raised outlook

Business

Cerebras shares surge on record Q3, raised outlook

7 sourcesUpdated Nov 13, 20261 min read

0

Cerebras shares surge on record Q3, raised outlook — Photo: See the ticket in the Permission field below. / Wikimedia Commons (CC BY-SA 3.0)

Sponsored

Cerebras Systems reported third-quarter core revenue of $230.9 million, up 70% year over year, as cloud revenue surged 272% to $144.9 million. The AI chipmaker raised its 2026 core revenue forecast to $940 million–$960 million and projected fourth-quarter core revenue of $310 million–$330 million, ahead of analyst expectations, sending shares sharply higher in premarket and extended trading. Cerebras said new hyperscaler agreements are supporting growth; CEO Andrew Feldman identified Microsoft as a customer, while the company plans to offer its inference technology through Oracle Cloud Infrastructure in 2027. The results also showed a $161.2 million GAAP net loss, despite positive core net income, underscoring the distinction between its adjusted and reported figures as it seeks to compete with Nvidia.

Sponsored

In this story:

More on this story

Back to News

Tech

Nvidia Shares Fall as Board Probes China-Linked Reports

Nvidia shares fell about 4% in overnight trading after CEO Jensen Huang admitted to an affair and the company’s board opened an investigation into reports he was targeted by a suspected Chinese intelligence operative. The board said it has no reason to believe company secrets or national security were compromised, while investors weighed leadership uncertainty ahead of Nvidia’s earnings report.

1448 sources

Tech

Blacklisted Chinese University Bought Nvidia H200 Chips Despite US Curbs

6

Total sources7

Last updatedNov 13, 2026

Does this breakdown look right?

Sponsored

How it spread

Broke mezha.net · Nov 12, 10:53 PM ETLeft +9h7 sources +9h on

Claim check

What each side asserts, disputes — or leaves out entirely.

Analyzing the coverage…

Where do you land?

Whose framing of this story rings truest to you?

Sponsored

Coverage

Sponsored

Comments

Ask Genius by OpenServe:

Free account · your comment posts right after signup

Sponsored

Reports allege a network centered on Shanghai Century Litong routed about 240,000 Nvidia H100, H200 and A100 chips—worth roughly $7.5 billion—to China, where computing capacity reportedly served Alibaba, Tencent and other AI firms; the claims have not been independently verified. Nvidia’s reported results and guidance do not include those alleged transfers, and its board has opened an internal review amid scrutiny of possible export-control violations.

165 sources

Sponsored

Business

Anthropic IPO Valuation Could Reach $1.5 Trillion

Anthropic’s planned IPO is facing mounting uncertainty as investors reportedly push to lower its expected valuation from roughly $1.4 trillion–$1.5 trillion, with estimates ranging toward $1 trillion to $1.3 trillion amid a sell-off in AI stocks. Prediction-market odds for a near-term listing have also fallen, and reports say the company could reduce the offering or delay it.

499 sources