Added to YB: 2026-05-25
Pitch date: 2026-05-17
CBRS [neutral]
Cerebras Systems Inc.
Author Info
Notes From The Beauty Contest is a buy-side investor who thought it might be fun to write about stocks in their spare time and in their own way. Sign up for the newsletter.
Company Info
Cerebras Systems Inc. operates as an artificial intelligence infrastructure company. It designs and manufactures an AI compute platform that comprises of proprietary systems and software that is delivered in racks for deployment in data centers up to supercomputer scale.
Market Cap
$55.2B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-28.4K
P/E
185.51
EV/Sales
110.44
Sector
Semiconductors and Semiconductor Equipment
Category
growth
The NFTBC Digest - Cerebras Systems Inc.
CBRS (update): IPO 25x oversubscribed, 16% free float until Sep lock-up ends. CFO says valuation ~inline w/ NVDA on 2028 rev (implying aggressive ramp vs author's model). Already serving 1T param models (ChatGPT 5.4/5.5) w/ 46+ CS-3s @ $1-1.5M each; debate on economics vs throughput. Potential sparse pretraining edge if 5.5 launches publicly soon.
Read full article (2 min)