$NVDA.US $SOL $NEAR
🚨 CEREBRAS ($CBRS) DROPS ALMOST 20%! 📉🔥
Cerebras shares tumbled nearly 20% this week, reaching their lowest level since the company’s May IPO.
The decline came after a SemiAnalysis report suggested that OpenAI could potentially use Nvidia GPUs instead of Cerebras hardware for the “Ultrafast” mode of GPT-6.1 Sol.
Adding more pressure, around 19.4M shares became eligible for trading after the post-IPO lockup period expired, increasing the possibility of additional selling.
At the same time, OpenAI has previously announced a 750MW partnership with Cerebras, keeping investors focused on how this relationship develops.
⚡ The AI chip battle is getting more intense, with Nvidia and Cerebras competing for a bigger role in AI infrastructure.
What do you think — is this just a temporary correction, or could CBRS face more downside? 👇
#Cerebras #CBRS #AI #Nvidia #OpenAI #Sol #AIChips #Stocks #StockMarket #TechStocks
🚨 CEREBRAS ($CBRS) DROPS ALMOST 20%! 📉🔥
Cerebras shares tumbled nearly 20% this week, reaching their lowest level since the company’s May IPO.
The decline came after a SemiAnalysis report suggested that OpenAI could potentially use Nvidia GPUs instead of Cerebras hardware for the “Ultrafast” mode of GPT-6.1 Sol.
Adding more pressure, around 19.4M shares became eligible for trading after the post-IPO lockup period expired, increasing the possibility of additional selling.
At the same time, OpenAI has previously announced a 750MW partnership with Cerebras, keeping investors focused on how this relationship develops.
⚡ The AI chip battle is getting more intense, with Nvidia and Cerebras competing for a bigger role in AI infrastructure.
What do you think — is this just a temporary correction, or could CBRS face more downside? 👇
#Cerebras #CBRS #AI #Nvidia #OpenAI #Sol #AIChips #Stocks #StockMarket #TechStocks
