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Cerebras Stock Slides Amid Nvidia-OpenAI Partnership Report

Guavy AI Editorial Team
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NVDA
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Cerebras stock took a hit after reports that Nvidia will power OpenAI's 'Ultrafast' mode for GPT-6.1 Sol, rather than Cerebras hardware as previously thought.

The news came out on Wednesday from research outfit SemiAnalysis on X, which lined up with a rough week for Cerebras shares.

Cerebras' stock price tumbled close to 20% and hit its lowest level since the company's big May debut, ending Friday's close at $166.43 before a late pop in extended trading.

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