Nvidia rival Cerebras (CBRS.US) reports record-high Q3 revenue, with cloud business income surging 265% year-on-year

智通财经APP reported that AI chip manufacturer Cerebras Systems (CBRS.US) released its financial results for the third quarter of 2026 on Thursday. Driven by strong growth in high-speed AI inference demand, the company's quarterly revenue hit a record high, and it raised its full-year performance guidance. Meanwhile, the company's fourth-quarter revenue outlook far exceeded Wall Street expectations, indicating further breakthroughs in the AI chip market dominated by NVIDIA (NVDA.US). After the financial report was released, Cerebras’ stock price rose more than 15% in after-hours trading. As of Thursday’s close, the stock had fallen 47% year-to-date.