Cerebras Systems is trading 4.6% down at $205.77 after renewed Treasury-yield pressure triggered a broad semiconductor selloff.
- SOXX is down 2.50%, while major chip stocks also declined.
- Recent announcements, including the CS-4 launch and OpenAI GPT-5.6 Sol partnership, were positive but preceded today’s move.
- Second-quarter results had already raised concerns about revenue expectations.