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Barchart
Wajeeh Khan

Sam Altman Just Gave Cerebras Stock a Big Boost

Cerebras Systems (CBRS) shares are pushing higher on Monday morning following reassuring comments from OpenAI’s chief executive Sam Altman. His bullish remarks have CBRS challenging its 20-day moving average (MA), with a clear break above the $193 level expected to accelerate momentum in the near term.

Despite today’s gains, Cerebras stock is down nearly 10% versus the start of this year.

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