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.
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