Cerebrus much talked about new entry competitor to Nvidia in chip space. ‘The return of the small IP (under $1b). UAE want to be players in space, and they have relationships with this company (chip space interests companies and nations). Build large ’wafer-scale GPUs'. Could Nvidia just copy their tech? Musk got a chip center running in 4 months.
There has been a dearth of competition and new businesses in chip space. Smaller IPOs (that don't wait for $150b valuations for hyperbole) can be exciting for investors, because they can get in when the price is low.