$CBRS đ„CRASHES âŒ20%! What Happened to Cerebras?
Cerebras Systems ($CBRS ) is under heavy pressure today, dropping nearly 20% after two big headlines hit the market.
1. OpenAI + Nvidia Worries
A new SemiAnalysis report claims that OpenAI's latest model, GPT-6.1 Sol Ultrafast, might be running on Nvidia GPUs instead of Cerebras hardware.
This raised doubts about Cerebras' role in OpenAI's AI infrastructure. But note - neither OpenAI nor Cerebras has officially confirmed this.
2. 19.4 Million Shares Unlocked
The second reason for the sell-off is supply pressure. Around 19.4M CBRS shares became tradable on Sept 30 as part of the IPO lockup release. More big unlocks are also coming later in October.
But the OpenAI deal is still BIG
Despite the drop, don't forget the long-term picture. Cerebras already has a multi-year deal with OpenAI for 750MW of AI inference compute, a deal valued at over $20 Billion by Cerebras itself.
So what's next for $CBRS ?
The real question is: Is this just temporary panic selling due to the unlock, or is it a sign of a bigger shift in the AI chip battle between Nvidia vs Cerebras?
The AI inference race is getting more competitive than ever. Investors will be watching the OpenAI relationship and future hardware deployments very closely.
What do you think - is this just short-term volatility or a bigger warning sign for $CBRS? đ
#CBRS #NVDA #AI #NFPWatch
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI
Cerebras Systems ($CBRS ) is under heavy pressure today, dropping nearly 20% after two big headlines hit the market.
1. OpenAI + Nvidia Worries
A new SemiAnalysis report claims that OpenAI's latest model, GPT-6.1 Sol Ultrafast, might be running on Nvidia GPUs instead of Cerebras hardware.
This raised doubts about Cerebras' role in OpenAI's AI infrastructure. But note - neither OpenAI nor Cerebras has officially confirmed this.
2. 19.4 Million Shares Unlocked
The second reason for the sell-off is supply pressure. Around 19.4M CBRS shares became tradable on Sept 30 as part of the IPO lockup release. More big unlocks are also coming later in October.
But the OpenAI deal is still BIG
Despite the drop, don't forget the long-term picture. Cerebras already has a multi-year deal with OpenAI for 750MW of AI inference compute, a deal valued at over $20 Billion by Cerebras itself.
So what's next for $CBRS ?
The real question is: Is this just temporary panic selling due to the unlock, or is it a sign of a bigger shift in the AI chip battle between Nvidia vs Cerebras?
The AI inference race is getting more competitive than ever. Investors will be watching the OpenAI relationship and future hardware deployments very closely.
What do you think - is this just short-term volatility or a bigger warning sign for $CBRS? đ
#CBRS #NVDA #AI #NFPWatch
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI
