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CEREBRAS $CBRS SHARES UP 15% AFTER WEDBUSH REPORT ON OPENAI CAPACITY DEAL 🟢 Shares trade at $252.66, up $33.68 on the day. The Wedbush note highlights Cerebras as the exclusive compute backbone for OpenAI's GPT-5.6 Sol Ultrafast mode, a tier delivering up to 750 output tokens per second, roughly 14 times faster than standard processing, running on the company's Wafer-Scale Engine. OpenAI has committed to purchasing 750 megawatts of computing capacity from Cerebras by 2028. The stock fell about 17% on August 13 after Q2 revenue came in below estimates, alongside record results, raised full-year guidance and cloud revenue growth of nearly 300% year over year. Wedbush and Craig-Hallum maintained bullish ratings after that report, per Investing .com.
Source:https://x.com/faststocknewss/status/2089367465407271266
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