Cerebras ($CBRS ) has experienced a sharp correction this week, with stock prices tumbling close to 20% to hit a new all-time low since its May IPO.
🔍 What triggered the selloff?
The SemiAnalysis Report: Market jitters intensified following a recent report suggesting that OpenAI might lean towards Nvidia GPUs instead of Cerebras hardware for the upcoming "Ultrafast" mode of GPT-6.1 Sol.
Lockup Expiry Pressure: A massive wave of 19.4 million shares just became eligible for trading as post-IPO lockup restrictions expired, significantly ramping up short-term selling pressure.
Despite these hurdles, it’s worth noting that OpenAI previously announced a major 750MW partnership with Cerebras, leaving investors eager to see how this strategic alliance unfolds moving forward.
⚡ The AI chip war is heating up fast—Nvidia vs. Cerebras is turning into one of the most intense battles in the tech world.
👇 What’s your take? Is this steep dip just a temporary shakeout, or a serious warning sign for $CBRS? Let’s discuss below!
#cerebrassinksnearly20%onreportnvidiatopoweropenai
$NVDA.US $SOL $NEAR Do you think this is a temporary selloff or a bigger warning for CBRS? 👇#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI
