CBRS

The future is on sale so I went on a shopping spree this morning in my family portfolio loading up on $RKLB, $NBIS, $CBRS and $VRT. I understand why higher Treasury yields are putting pressure on growth stocks but a couple inflation reports doesn't suddenly change how many tokens AI agents will consume or how much inference infrastructure needs to be built or how much power data centers will require how many satellites will be launched. Those opportunities are measured in years and decades while the market is currently repricing them based on an inflation reports that are measured over a single month.

$CBRS CEO Andrew Feldman says its OpenAI deployment was so successful at ~800 tokens per second that OpenAI wanted to expand much further but “we just didn’t have the capacity for them.” Thats why OpenAI went with $NVDA for its next rollout showing Cerebras isn’t being held back by demand or chip performance but by how quickly it can bring more data centers. https://x.com/firesidealpha/status/2110596886499565691/video/1

Finally. Cerebras CEO says on GPT-6 Ultrafast : “There was so much success there that one of the things OpenAI wanted to do was, with the next generation, go vastly wider. And we just didn’t have the capacity for them.” Cerebras should have said this MUCH EARLIER. This answer is perfectly reasonable. Being responsive, straightforward and transparent is table stakes investor relations. I expect the market will appreciate this after this response.

I added ~60% more $CBRS shares yesterday because I think Cerebras is positioned to become one of biggest winners in AI inference as agents become a much larger part of how people use AI. Over next two years I think speed will become a much bigger advantage as agents make dozens of model calls per task and Cerebras’s on chip memory architecture lets it deliver faster responses without relying on scarce HBM. We're already seeing that advantage turn into real demand with OpenAI using Cerebras for paid inference which gives me even more confidence to keep building my position during this drawdown.

UBS sees 2027 as the inflection year for $CBRS with revenue growing ~4x to $3.3B before reaching ~$23B by 2030 with 46% operating margins. The interesting part is Cerebras’s on chip memory advantage becomes way more valuable as AI agents make dozens of model calls per task with CS-5 targeting 10K tokens per second per user in 2027. And with ~$25B in contracted backlog already equivalent to nearly half of projected revenue from 2027 through 2030, shares now trade below 20x 2028 earnings.

$CBRS down over 10% today 😳