# Cerebras Delivers Solid Outlook in Bid to Challenge Nvidia

Source: [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-12/cerebras-delivers-solid-outlook-in-its-bid-to-challenge-nvidia) · 2026-11-12 · Industry
Page: https://themorning.dev/story/cerebras-delivers-solid-outlook-in-bid-to-challenge-nvidia-b90cea4a1abbbfe6
Kind: business · Impact: medium

## In brief

- Cerebras reported Q3 core revenue up 70% year over year to $230.9M, above the $214.7M estimate.
- The company issued quarterly guidance that beat analyst expectations.
- Cerebras announced a deal with Microsoft; shares rose more than 15% after hours.

## Why it matters

The results and the Microsoft deal signal growing commercial traction for Cerebras as an AI chip alternative to Nvidia, which may matter to teams evaluating AI inference hardware.

## Timeline

- 2026-11-12: Cerebras reports Q3 results, issues guidance and announces Microsoft deal

## Coverage

- [Cerebras reports Q3 core revenue up 70% YoY to $230.9M, vs. $214.7M est., issues strong guidance, and announces a Microsoft deal; CBRS jumps 15%+ after hours (Jordan Novet/CNBC)](https://www.techmeme.com/261112/p57#a261112p57) — Techmeme, 2026-11-12
- [Cerebras Delivers Solid Outlook in Bid to Challenge Nvidia](https://www.bloomberg.com/news/articles/2026-11-12/cerebras-delivers-solid-outlook-in-its-bid-to-challenge-nvidia) — Bloomberg Technology, 2026-11-12

Tags: cerebras, ai-chips, earnings, microsoft, nvidia

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Brief generated by AI (claude-haiku-5-5) from the reporting listed under Coverage. Headlines belong to their publishers. The Morning Dev – https://themorning.dev