Cerebras Systems
CBRS · NASDAQ · Technology
$198.37
+$4.32 (+2.18%) today
Market Cap
$47.13B
24h Volume
$2.1B
P/E Ratio
0.0
52w High
$311.07
52w Low
$168.52
Est. AI Revenue
100%
7-Day Sparkline (Static)
Company facts
Performance
About Cerebras Systems
Cerebras Systems builds AI chips unlike anyone else's: instead of cutting a silicon wafer into many small processors, it turns an entire wafer into one enormous chip. It sells these wafer-scale processors, complete CS-3 compute systems, and cloud services for training and running large language models.
The product line runs from the Wafer-Scale Engine 3 at the silicon level, to the CS-3 AI compute system built around it, to the Cerebras AI Model Studio for customers who want capacity as a service, to the Condor Galaxy supercomputer projects.
Founded in 2016 and headquartered in Sunnyvale, California, Cerebras trades on the NASDAQ, is led by co-founder and CEO Andrew Feldman, and employs roughly 780 people.
Cerebras Systems in the AI buildout
Cerebras sits in the Semiconductors and Neoclouds layers as one of the most direct challengers to conventional GPU clusters. Its wafer-scale approach packs what would normally be a rack of chips into a single processor, aimed at ultra-fast training and inference for enterprise and government customers. The company exists solely to serve AI compute demand, from silicon through systems to its inference cloud. That is why Supercycle rates it a Pure Play with a maximum exposure score.
CBRS is tracked in Semiconductors and Neoclouds, rated Pure Play on the AI Exposure leaderboard.
By the numbers
52-week range
CBRS trades at $198.37, 21% of the way up its 52-week range of $168.52 to $311.07.
Market cap
Market capitalization is $47.13B, with an AI Exposure Score of 100 out of 100.
Next earnings
Cerebras Systems is next expected to report earnings on November 10, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Cerebras Systems do?
Cerebras builds wafer-scale AI processors, the largest chips in the industry, and sells them as CS-3 compute systems and cloud services for training and running large AI models.
How is Cerebras exposed to AI?
Completely. Every product it sells, from the Wafer-Scale Engine to its inference cloud, exists to serve AI compute demand. Supercycle rates it a Pure Play with an AI Exposure Score of 100 out of 100.
What are Cerebras's main products?
The Wafer-Scale Engine 3, the CS-3 AI compute system, the Cerebras AI Model Studio cloud service, and the Condor Galaxy supercomputer.
Is CBRS a pure play AI stock?
Yes. Cerebras exists solely to provide AI compute, which places it at the top of Supercycle's Pure Play tier with a score of 100 out of 100.
Who leads Cerebras and where is it based?
Co-founder and CEO Andrew Feldman leads Cerebras from Sunnyvale, California. The company was founded in 2016, trades on the NASDAQ, and employs roughly 780 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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