Cerebras went public last week with the stock nearly doubling on day one from the initial buy-ins. With their market cap touching $100 billion, investors have started to question if they could be the next Nvidia and with that, thoughts of buying in. I’ve taken a keen interest in this company due to my position in AMD and while the surface metrics look attractive, I believe there is actually more going on that investors should be aware of before committing. Here’s what I’ve managed to put together. (Quick disclosure so it’s clear where I stand: I don’t own Cerebras and I’m not planning to. Not shorting either. The AI play to me seems more ripe for profit-taking at the moment more than anything else. Read on and make your own call.) CBRS 15-minute, Day 1 + Day 2 of Trading What exactly does Cerebras do? Cerebras has 2 core businesses one is the hardware which is chip manufacturing. The other is the cloud business...