Amid Nvidia's turmoil, how is CBRS, once hailed as its 'strongest challenger,' faring? It has rebounded against the trend ahead of its earnings report.

BlockBeats news, November 12 — Cerebras (CBRS), once dubbed the "strongest challenger to Nvidia" during its IPO, will release its third-quarter earnings after the U.S. market close tonight.

Since Nvidia's board launched an independent investigation and the question of Jensen Huang's future intensified, the stock performance of the two companies has diverged markedly: based on the November 6 close, as of the November 11 close, CBRS rose about 12.7%, while Nvidia (NVDA) fell about 6.9%.

Despite the recent rebound, Cerebras is still down about 45% from its $185 IPO price and about 74% from its record high on its first trading day; by comparison, Nvidia is about 29% below its October high. Both have undergone significant corrections.

Rival Caught in Public Opinion Storm, CBRS Outperforms Nvidia?

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