Shares of AI chipmaker Cerebras sink following first earnings report since going public

Chipmaker Cerebras Systems Inc. delivered mixed results in its first earnings report since going public last month, beating Wall Street’s revenue projections but falling short on earnings, sending its stock lower after-hours. The company reported a first-quarter earnings loss before certain costs such as stock compensation of 22 cents per share, trailing the Street’s target […] The post Shares of AI chipmaker Cerebras sink following first earnings report since going public appeared first on SiliconANGLE.