Anthropic's S-1 prospectus, filed October 26, names five AI companies expected to benefit most from its infrastructure spending: Alphabet, Broadcom, Amazon, SpaceX (SPCX) and Nvidia. Anthropic has committed to spend at least $114.5 billion on Google Cloud from April 2026 to July 2033 and to buy between $125 billion and $150 billion of Alphabet's TPUs, while Alphabet also holds over a 12% stake in Anthropic. Amazon has a $110 billion cloud commitment from May 2026 to April 2036 and held convertible notes representing roughly 11% of Anthropic. SpaceX could receive $3.1 billion per month under its compute lease, up to $120.5 billion in total, while Broadcom will record revenue from TPU sales and Nvidia will benefit from SpaceX's use of its Vera Rubin platform.
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Anthropicartificial intelligencecloud computingNVDA
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/29/2026 | 213.72 |
| Change that session | -0.77% |
AMZN
▲ Likely positiveAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
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