TradingKey - Shares of Nvidia competitor Cerebras Systems (CBRS) rose for a third consecutive day, returning to a one-month high. At the time of writing, the stock gained 3.89% to $216.69. Cerebras announced today a strategic partnership with cybersecurity giant CrowdStrike (CRWD). As Cerebras offers the world's fastest AI inference compute solution and CrowdStrike provides an industry-leading AI-native security platform, the two companies will join forces to provide enterprise customers deploying large-scale AI with a combination of extreme inference speeds and AI-native security capabilities.

TradingKeyWed, Jul 22

Nvidia Rival Cerebras Rises More Than 12%. Partnering With Flex to Expand US Domestic Capacity, Spending Billions of Dollars to Expand European Computing Power Infrastructure

Tradingkey - On July 9, Eastern Time, Nvidia rival Cerebras Systems (CBRS) surged over 12% intraday, with its share price climbing back above $200. As of press time, the stock was up 9.44% at $198.87. Reportedly, Cerebras and Flex are expanding their domestic production lines in California, which is expected to increase the production capacity of completed CS-3 systems by sevenfold. Meanwhile, Cerebras stated that it plans to commission its first European data center by the end of 2026.

TradingKeyThu, Jul 9

Nvidia Competitor Cerebras Rebounds Nearly 20%. Market Bets It Will Benefit From HBM Shortages, Citi Sees 90% Upside for Stock

TradingKey — On June 29, Eastern Time, Cerebras Systems (CBRS) surged more than 20% at one point. As of press time, it was up 19.36% at $216.75. The latest holdings of Cathie Wood, CEO and CIO of ARK Invest, show that she added over 20,000 shares of CBRS stock last Friday, reflecting her continued optimism in the AI chip sector. Notably, the AI chipmaker, which is regarded as a competitor to Nvidia, has seen its stock price plunge about 40% since its listing, hitting an all-time low of $160.81 last Friday.

TradingKeyMon, Jun 29

Today’s Market Recap: AI Trade Reignited, Micron and Qualcomm Signal Strong Chip Demand

TradingKey - On June 24, Eastern Time, the three major U.S. stock indexes closed mixed as the market continued to digest high AI valuations, capital expenditure pressures on tech giants, and expectations of another Federal Reserve rate hike this year. A sharp decline in oil prices eased inflation co

TradingKeyThu, Jun 25

Extending Losses: Cerebras Plunges More Than 12% Premarket, Dragged Down by Gross Margin Guidance

TradingKey - "Nvidia challenger" Cerebras (CBRS) extended its post-market losses from the previous session in Wednesday's pre-market trading, with its stock price plunging over 12% at one point.

TradingKeyWed, Jun 24

First Post-Listing Earnings Disappoint: Cerebras Shares Fall Nearly 11% After-Hours, Deteriorating Profitability Sparks Concern

TradingKey — On June 23, Eastern Time, AI chipmaker Cerebras Systems (CBRS) released its first post-IPO earnings report. Despite revenue figures significantly beating expectations, bleak earnings guidance dragged its stock down sharply in after-hours trading.

TradingKeyWed, Jun 24