AI Stocks Rally on Anthropic IPO Filing; Nvidia Gains Nearly 3%

Economic Times Markets · stocks

Artificial intelligence-linked stocks surged on Monday following Anthropic's disclosure of paperwork for its initial public offering (IPO), reigniting investor interest in the sector. Nvidia, the world's most valuable company, saw its shares climb nearly 3%, while Microsoft and Amazon also advanced. The Philadelphia Semiconductor Index rose over 3%, indicating widespread gains across the chipmaking industry. A successful Anthropic listing could significantly influence how investors value AI companies and reshape capital flows within the technology sector.