Cerebras Sees Flat QoQ Cloud Growth as Data-Center Capacity Ramps
Dow Jones
11 hours ago
1811 ET - Cerebras CFO Bob Komin says the company's cloud revenue will be roughly flat from the third quarter to the fourth, as it works to beef up its capacity for cloud services. "Our ramp in cloud revenue is limited entirely by our data-center capacity, which we will begin to ramp in December as we build momentum going into next year," he says. "But unfortunately, that's too late to affect Q4. We expect much more substantial increases in data center capacity across 2027." CEO Andrew Feldman adds that more than 75% of the company's data-center capacity slated for next year is outside of the U.S., noting that domestic data-center development may be affected by "the evolving U.S. policy landscape." Shares gain 19% after-hours.
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