Anthropic’s IPO lands as the embattled AI trade looks for a much-needed bright spot
CNBC reports that Anthropic is set to debut on the Nasdaq in November 2026 at $70 to $78 a share, with AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC collectively investing $26 billion at the IPO price. The article details the company's massive spending commitments — over $900 billion outstanding, including $110 billion with Amazon — alongside a $104 billion net loss through September 2026, arguing the listing lands at a tough moment after Nvidia's October slump and CEO Jensen Huang's ouster. CNBC says going public now lets Anthropic raise much of the money it needs, estimating proceeds could exceed $90 billion.
