AI Stocks Rally After Anthropic IPO Filing, Nvidia Gains 3%
AI stocks surged following Anthropic's IPO filing, with Nvidia shares rising nearly 3%. The Philadelphia Semiconductor Index increased by over 3%, driven by gains in chipmakers, data center operators, and AI infrastructure companies. The upcoming IPOs of Anthropic and OpenAI may set new valuation standards amid ongoing concerns about AI spending and financing costs.
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