🔴 Blaize Holdings is trading 30.91% down today after cutting 2026 revenue guidance to $40–$43 million

Blaize Holdings is trading 30.91% down at $0.81 after management cut 2026 revenue guidance to $40–$43 million from $130 million.

• The August 13 earnings release cited delayed customer conversions, slower procurement, failed commercial orders from completed pilots and materially higher memory costs.
• Second-quarter revenue missed estimates, while gross margin fell to 8%, intensifying concerns about profitability and execution despite broader semiconductor strength.