Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Anushka Dutta

Dear Cerebras Stock Fans, Mark Your Calendars for August 18

Artificial intelligence (AI) infrastructure firm Cerebras Systems (CBRS) is set to host its Supernova event on Aug. 18, after reporting its Q2 results on Aug.12, after the market closes. Prior to that, Wedbush analysts have taken a bullish stance on Cerebras, maintaining an “Outperform” rating and a $280 price target (indicating a 19.3% upside from current levels).

Analyst Matt Bryson believes the event is likely to be the venue for launching WSE-4, the newest iteration of its Wafer Scale Engine (WSE) specialized processor. This is expected to boost performance compared to the WSE-3, which could lift pricing and margins.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.