Investors are worried about whether there will be sustained demand for chips, but one analyst notes that large tech companies are still spending heavily.
Now that investors have been able to dive further into Anthropic’s IPO filing, they’re seeing the same sorts of trends that helped buoy AI stocks for much of this year.
Broadcom’s stock has gone nowhere this year, but an analyst thinks it and other quality chip stocks like Nvidia will soon start trading at higher valuations.
Investors are spooked by Tesla’s lower spending target, Lam Research’s weaker-than-expected forecast and a fresh reminder that the AI boom relies on outside funding.
A new disclosure about Micron’s buyback plans appears meant to show shareholders that Micron is more generous with cash than one of its key rivals, an analyst said.
