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Cerebras Systems (CBRS) Investors: Johnson Fistel Investigates Following Short-Seller Report

globenewswire.com
CBRS A short-seller report alleges significant reliability issues with Cerebras's AI processors, questioning their lifespan and profitability, leading to an 8% stock decline. An investigation is underway.

Cerebras Systems (CBRS) Investors: Johnson Fistel Investigates Following Short-Seller Report SAN DIEGO, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating whether Cerebras Systems Inc. (NASDAQ: CBRS) or certain of its officers violated federal securities laws.

What if I purchased Cerebras securities?

If you purchased Cerebras securities and suffered losses on your investment, you are encouraged to join our investigation. Visit https://www.johnsonfistel.com/investigations/cerebras-systems-inc/ for more information.

Or contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.

There is no cost or obligation to you.

Background of the Investigation

On October 28, 2026, Culper Research published a short-seller report alleging that Cerebras's wafer-scale AI processors suffer from significant reliability issues and may last only 1.5 to 2.5 years. The report questioned the Company's depreciation assumptions, noting that Cerebras estimates useful lives of 3 to 5 years for its data-center and computer equipment. Culper also raised concerns regarding the profitability of Cerebras's AI infrastructure business. Following publication of the report, Cerebras shares declined more than 8% during intraday trading on October 28, 2026.

In light of these allegations, Johnson Fistel is investigating whether Cerebras complied with federal securities laws. If you suffered losses, contact Johnson Fistel.

Johnson Fistel PLLP

Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. The firm also represents foreign investors who have purchased securities on U.S. exchanges.

Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.

Contacts

Johnson Fistel, PLLP

501 W. Broadway, Suite 800

San Diego, CA 92101

James Baker | (619) 814-4471

jimb@johnsonfistel.com

https://www.johnsonfistel.com/