Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTWajeeh KhanWed, June 24, 2026 at 10:38 PM GMT+2 2 min readCerebras System (CBRS) shares closed lower on Wednesday, even though the artificial intelligence (AI) chipmaker posted a 92% increase in its Q1 revenue on a massive contraction in net loss to about $14 million. Investors responded mostly to management's muted profitability guidance, specifically a projected sequential decline in the gross margin to 37% in the current quarter. More News from BarchartNasdaq Futures Gain After Brutal Tech Selloff, Micron Earnings in FocusCorning Stock Skyrockets on AI-Related Demand, Spurring Unusual Call Option BuyingAMEN Properties Just Announced a 25% Dividend Increase. What This Means for the High-Yield Royalty Stock.