Anthropic’s IPO lands as the embattled AI trade looks for a much-needed bright spot

Summary

Anthropic is expected to debut on the Nasdaq on Thursday, with AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC investing $26 billion at an expected IPO price of $70 to $78 a share. The company reported a net loss of $104 billion through the first nine months of 2026 and has outstanding spending commitments of over $900 billion, according to its prospectus.

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