AWS Custom Chip Capacity Sold Out; Cerebras Files Mid-May IPO
Amazon's custom chip computing capacity is nearly sold out as AWS begins deploying Cerebras Systems hardware alongside its own silicon. AI chip maker Cerebras filed for a mid-May IPO after reporting $510 million in 2025 revenue and $237.8 million net income and securing AWS and OpenAI deals exceeding $10 billion.
1. AWS Custom Chip Capacity Sellout
AWS's custom chip computing capacity is nearly fully allocated, driven by high customer demand for tailored cloud hardware. The sellout highlights the strength of Amazon’s in-house Graviton processors and third-party accelerators as enterprises scale AI and compute-intensive workloads.
2. Cerebras IPO Filing and AWS Partnership
AI chip startup Cerebras Systems filed to go public with an IPO planned for mid-May, following a $1.1 billion Series G at an $8.1 billion valuation. The company posted $510 million in 2025 revenue and $237.8 million net income, and has secured major deals deploying its hardware on AWS and powering OpenAI projects worth over $10 billion.