Ahead of its IPO, Anthropic has committed more than $600 billion to computing, more than Intel's $484.7 billion market value, according to leaked reports of its S-1 filing. The article cites three different totals: $518 billion of signed commitments (Reuters, late September), above $600 billion (Crypto Briefing), and a possible $750 billion of extra computing spending over several years (Wall Street Journal). Anthropic reportedly brought in $16.3 billion of revenue in the first half of 2026 but posted an $80.7 billion net loss, mostly from accounting charges. AMD said Anthropic will deploy up to 2 gigawatts of its MI450 GPUs starting in the first half of 2027, and AMD's second-quarter revenue rose 50.1% to $11.54 billion, with Data Center revenue up 107% to $6.72 billion. The article says the risks center on Anthropic's hard-to-cancel commitments, its losses and its dependence on an IPO, and notes AMD trades at a P/E of 201.
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| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/20/2026 | 262.76 |
| Change that session | +0.12% |
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