Before you get too deep in the Chrome DevTools weeds: most of the time it's not actually browser performance that's the problem, but your app loading too much code or making too many API requests. That's an annoying surprise when you're just staring at the flame charts.
I'd start with two practical checks: First, open the Network tab and see how big your bundles are and how long the API calls take. If you've got some massive JavaScript files lying around or the server is taking forever to respond, then no amount of React tuning will help you. Second, use `npm outdated` or check your package.json - sometimes you accidentally pull in huge packages through dependencies that you're not even actively using. You can also use `npm ls` to see which packages are installed multiple times.
If all that looks normal, then React DevTools (the separate browser plugin, not Chrome DevTools) can help you: you'll see live which components are rendering and how often. That's way more telling than any performance metrics. Look for components that keep re-rendering even though their inputs haven't changed - that's genuinely a common culprit.