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Surging AI chip revenue and Microsoft deal boost Cerebras Systems’s stock by 17%

  • Mike Wheatley--SiliconANGLE News
  • published date: 2026-11-12 23:40:34 UTC

Artificial intelligence chipmaker Cerebras Systems Inc. delivered third-quarter revenue that comfortably beat expectations in its latest financial report today while announcing a new deal with Microsoft Corp., sending its stock up almost 18% in late trading. …

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