Cerebras (CBRS) Plummets Nearly 12% After Earnings: AI Cloud Revenue Surges 287%—Why Is It Still Being Sold Off?
On August 13 ET, AI chip company Cerebras Systems (CBRS) experienced sharp volatility after releasing its second-quarter 2026 financial results. Before the earnings release, CBRS rose 11.63% during regular trading hours, closing at $262.06. However, after the report was released, its after-hours share price briefly plunged more than 16%. As of the August 13 close, CBRS stood at $231.01, down 11.85% for the day, with a market cap of approximately $52.33B—about 40% below its 52-week high of $386.3


























