Cerebras raises 2026 outlook as hardware sales weaken

DIGITIMESAugust 13, 2026en

AI chip startup Cerebras Systems raised its full-year 2026 core revenue and gross margin outlook after reporting second-quarter results, but the company also disclosed declining hardware sales and a sharp swing in profitability metrics. The update came as investors focused on whether growth was shifting away from hardware and toward cloud services.

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