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Published June 24, 2026 at 10:41 PM

TechCrunch

Jun 25, 2026, 6:00 AM

Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood

Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood

In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.

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Canonical URL for this story: https://techcrunch.com/2026/06/24/cerebras-stock-plunges-after-earnings-as-ceo-says-margin-outlook-was-misunderstood/