The Zhitong Finance App learned that Morgan Stanley released a research report after the artificial intelligence (AI) chip maker Cerebras Systems (CBRS.US) released its latest quarterly earnings report, saying that the company's core financial indicators completely exceeded market expectations, and hardware sales performance was strong, driving the fourth quarter revenue and profitability guidelines significantly better than expected. However, as a core business that supports the company's long-term growth prospects, the cloud computing power deployment schedule for large customers lags behind contract agreements, causing some uncertainty about future revenue growth. Despite this, Morgan Stanley maintained the stock's “overweight” rating and target price of $178, with potential upside of about 82% compared to its closing price of $97.75 on November 12.

The Zhitong Finance App learned that Morgan Stanley released a research report after the artificial intelligence (AI) chip maker Cerebras Systems (CBRS.US) released its latest quarterly earnings report, saying that the company's core financial indicators completely exceeded market expectations, and hardware sales performance was strong, driving the fourth quarter revenue and profitability guidelines significantly better than expected. However, as a core business that supports the company's long-term growth prospects, the cloud computing power deployment schedule for large customers lags behind contract agreements, causing some uncertainty about future revenue growth. Despite this, Morgan Stanley maintained the stock's “overweight” rating and target price of $178, with potential upside of about 82% compared to its closing price of $97.75 on November 12.