Oct 27, 2026
Anthropic's IPO filing lifted chip stocks 2.8% on Monday
Anthropic's IPO filing lifted chip stocks 2.8% on Monday, Oct 26. Nvidia, AMD and Micron rose 2% to 3%, and the S&P 500 gained 0.7%.
Sir Toastimir
Footage: NVIDIA, Anthropic, Micron, NYSE (YouTube)
Not financial advice. This is a news recap, not a recommendation to buy or sell any stock.
The market on Monday
Anthropic's IPO filing lifted chip stocks on Monday, October 26. The Philadelphia semiconductor index rose 2.8%, though it is still down 12.2% for October. The S&P 500 gained 0.7% to 7,676.77 and the Nasdaq rose 0.8% to 26,169.38.
Why chip stocks rose
Anthropic, the company behind Claude, filed its S-1 with the SEC on Monday to go public. It plans to list on the Nasdaq under the ticker "ANT". The number of shares and the price range are not set yet, so no shares are for sale. Reuters said the filing helped lift AI-related stocks.
The filing shows sales of $16.29 billion in the first half of 2026, up from $1.16 billion a year earlier. It also shows a net loss of $80.7 billion. About $72.4 billion of that is a noncash accounting charge tied to its financing.
Other AI moves
Nvidia rose 2.4% to about $216, AMD gained 2.8% and Micron rose about 3%. Meta fell 1.9% after announcing a plan to raise up to $95 billion in equity.
Footage in the video
Clips are from NVIDIA's Blackwell NVL72 video, an Anthropic video, a Micron chipmaking video, and the NYSE closing bell. Links are below.
Links
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