AI chipmakers stand to benefit from rising AI adoption, analyst says
Bitget2026/10/20 09:04- Anthropic's anticipated IPO will be a “very speculative investment,” according to DA Davidson technology research head Gil Luria.
- Third-quarter revenue reached nearly $17 billion, but growth slowed from the second quarter as OpenAI gained ground amid adoption of open-weight models.
- Luria favors cloud providers and chipmakers as beneficiaries of rising AI usage, provided customers continue increasing spending.
- A weak Anthropic debut could temporarily unsettle AI investments; a “reasonably successful” IPO would limit pressure on the sector, Luria argued.
- Infrastructure suppliers could face pressure if spending outpaces revenue generated by AI applications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Top 15 Stocks in the S&P 500 Are Now 47% of the Value. In 2000 Bubble, It Was 27%
US Dollar: Short-term upside capped as Fed pause looms – Commerzbank
Peter Brandt suggests that Monero may be brewing a major market move
Orbital systems developer Gravitics (GVTX.US) IPO priced at $14-17 per share, fundraising scale reduced by 60% to $50 million
Gravitics Holdings, which focuses on the development of large-scale space structures and orbital systems, is planning to issue 3.2 million shares at a price range of $14 to $17 each, aiming to raise $50 million.
Crypto prices
More
