$CBRS NO, I’m not bearish. I’m more bullish than EVER on Cerebras $CBRS. Nothing has changed in my long-term thesis. IMHO, this is a fantastic opportunity to enter or add. This semiconductor selloff has been absolutely unhinged. My brokerage app now qualifies as an extreme sport! Weird things happen when the bond market needs a Xanax and Middle East diplomacy gets another season of The Apprentice. A certain someone whose name shall remain unmentioned has really outdone himself. Tremendous volatility. The best volatility. People are saying they’ve never seen volatility like it. Put the valuation in perspective. Bloomberg Tech reported a $100B cash-and-stock acquisition approach from $ARM and SoftBank before the IPO. Cerebras rejected it. $NVDA Nvidia’s Groq licensing-and-talent deal reportedly totaled approximately $20B, for technology I consider inferior to Cerebras for ultrafast frontier inference. Around $109, Cerebras is approximately a $26B market cap and $19B enterprise value, using its latest reported cash, investments, and debt. The entire operating business is being valued in the neighborhood of that Groq transaction. AWS also has warrants exercisable at $100. This valuation is hilarious to me. Apparently wafer-scale computing has been moved to the clearance aisle. The bull thesis remains enormous: reasoning, coding agents, and real-time cybersecurity make fast inference increasingly valuable. Cerebras has a differentiated wafer-scale architecture, demonstrated frontier-model performance, and an expanding ecosystem across OpenAI, AWS, AMD, and CrowdStrike. Integration with Trainium and AMD hardware creates additional routes to deploy its ultrafast decoding technology. The latest reported figures included $25.4B in remaining performance obligations, cloud revenue growth of 281%, more than 600MW live or contracted for delivery by the end of 2027, and plans to expand manufacturing capacity more than 10x during 2026. There is substantial execution ahead. The opportunity is extraordinary. I’m tired of the recycled, confidently stupid Cerebras FUD. Read my thread if you want the full thesis. IMHO, this is the best name in AI, and this price is a total steal. I’d happily buy more at these prices. I’m comfortable with my position size and very happy I’ve gotten my average WAY down. That being said, I’ve received enough character development from this chart to last several fiscal years. Looking forward to the rebound whenever it comes. Hold tight, everyone. 😂 Chart is TrendSpider RSI ensemble: OVER OVER OVER SOLD.