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Cerebras Shares Jump 18% After Revenue Beat and Microsoft Deal

CNBC Top News · 2026-11-12
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Cerebras shares rose 18% in extended trading after revenue and guidance beat expectations. Core revenue grew 70% from $135.7 million. CEO Andrew Feldman said Microsoft signed a deal in October, with revenue expected from the first quarter of 2027; fourth-quarter core gross margin is forecast at 47%–49%.

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Source: CNBC Top News · via ahirlevel.hu

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