--- title: "Cerebras stock falls as a building shortage bites" url: https://daily.dev/posts/cerebras-stock-falls-as-a-building-shortage-bites-3lb9roslv source_url: https://thenextweb.com/news/cerebras-earnings-margin-data-centre-shortage type: article source: "The Next Web" published: 2026-06-24T15:09:08.835Z updated: 2026-06-24T15:09:32.273Z tags: ["ipo", "ai-inference"] reading_time: 6 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Cerebras stock falls as a building shortage bites **[The Next Web](https://daily.dev/sources/tnw)** · 6 min read · 0 upvotes · 0 comments ## Summary Cerebras posted strong Q1 results — revenue up 92% to $193.4m and a narrowed net loss — yet its stock fell ~10% after the company warned gross margins would drop sharply from 46.5% to 36–38% in Q2. The culprit is not chip supply but a shortage of data-centre space and power. Cerebras is renting back its own systems and building capacity at speed, costs that will shave 10–15 margin points this year. CEO Andrew Feldman called it a 'grand irony' that buildings, not chips, are now the limiting factor. The company guided full-year revenue of $855–865m, above analyst estimates, and highlighted a $20bn+ OpenAI inference deal and a 178% jump in cloud/services revenue. Still, the stock has fallen ~28% from its post-IPO peak, weighed down by high expectations, a broader chip-sector sell-off, and concentration risk around a few large customers. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [$60B AI chip darling Cerebras almost died early on, burning $8M a month](https://daily.dev/posts/60b-ai-chip-darling-cerebras-almost-died-early-on-burning-8m-a-month-uhinollpt) · TechCrunch · 0 upvotes · 0 comments - [Cerebras raises $5.5B, kicking off 2026’s IPO season with a bang](https://daily.dev/posts/cerebras-raises-5-5b-kicking-off-2026-s-ipo-season-with-a-bang-c8m18zo7h) · TechCrunch · 0 upvotes · 0 comments - [Cerebras CEO explains why IPO was pulled](https://daily.dev/posts/cerebras-ceo-explains-why-ipo-was-pulled-ovq3lwpcc) · The Register · 0 upvotes · 0 comments --- Tags: [#ipo](https://daily.dev/tags/ipo), [#ai-inference](https://daily.dev/tags/ai-inference) [View this post on daily.dev](https://daily.dev/posts/cerebras-stock-falls-as-a-building-shortage-bites-3lb9roslv)