Congratulations. We are now officially in the silly phase of the Everything Bubble. The semiconductor maker Cerebras just started trading (CBRS) and about 200 times sales. Not profits (there are none). Sales.
It opened at TWICE its already elevated IPO price, and some genius paid $384 for this and is down 15% already. Anyway, anyone buying the line that “this is the next Nvidia” deserves what’s coming.
