AI Stocks Rise as Anthropic Nears IPO
AI-linked stocks climbed on Monday after Anthropic filed paperwork for its initial public offering. Shares of major chipmakers and infrastructure firms advanced as investors weighed the potential debut against broader market unease over heavy technology spending.
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AI-linked equities advanced on Monday afternoon after Anthropic filed paperwork for its initial public offering. The move occurred amid growing investor unease over debt-fueled infrastructure spending across the technology sector. Shares of NVIDIA CORP rose nearly 3%, while MICROSOFT CORP and AMAZON.COM INC each gained nearly 1%.
