Cerebras (CBRS) Stock Falls to 52-Week Low on OpenAI Report, Microsoft Chip News
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TLDR Cerebras Systems (CBRS) fell 10% on Monday to $147.76, a new 52-week low. A report says OpenAI’s GPT-6.1 Sol “Ultrafast” inference runs on Nvidia GPUs, not Cerebras hardware. Microsoft said its Maia chips will be the primary inference system for its own products from 2027. Insiders sold $387.7 million of stock last quarter, and 19.4 million more become eligible for sale on October 14. Analysts still rate the stock Moderate Buy with an average price target of $299.90. Cerebras Systems (CBRS) fell 10% in afternoon trading on Monday, hitting $147.76.
Source: CoinCentral
