Cerebras Raises Annual Targets on Strong AI Chip Demand
The chipmaker lifted full-year revenue guidance to $880 million to $890 million as stock compensation pushed its net loss to $450.5 million.
10 Articles
10 Articles
(San Francisco = Yonhap News) Correspondent Kwon Young-jeon = Cerebras, a U.S. semiconductor company considered a rival to Nvidia, has nearly doubled its revenue. However, the...
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Cerebras raises annual targets on strong AI chip demand
Aug 12 (Reuters) - Cerebras Systems raised its annual revenue and gross margin forecasts on Wednesday, buoyed by robust demand for its chips from companies ramping up data-center capacity to power AI services. Still, its shares were down more than 7%...
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