Cerebras expects revenue to triple in 2027 as it scales up manufacturing

The wafer-scale chipmaker raised its full-year forecast, reported a backlog of approximately $26.1 billion, and plans to expand manufacturing capacity more than tenfold by the end of 2026 Cerebras Systems expects its revenue to triple in 2027. It also plans to grow its manufacturing capacity more than tenfold by the end of 2026. Those targets came with the company’s third-quarter results on November 12, 2026, and with a raised full-year forecast. Cerebras, which trades on Nasdaq under the ticker CBRS, reported Q3 2026 core revenue of $230.9 million. That is a 70% increase from the same quarter a year earlier. On a GAAP basis, total revenue for the quarter came in at $210.8 million, up 55% year over year. The standout was cloud and services.

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