AMD, Sandisk Fall on Anthropic AI Concerns — SkimNews
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- Sandisk and AMD stocks declined as Anthropic added to broader AI sector concerns, per Barron's.
- Anthropic's expected IPO valuation is being tempered by investors over a revenue growth slowdown, with critics publicly calling the company's revenue figures inadequate, per Reuters and Yahoo Finance UK.
Why it matters: Anthropic's revenue slowdown hit the AI supply chain directly — Sandisk and AMD absorbed immediate losses while investors dialed back the company's expected IPO valuation. Critics publicly declaring the revenue 'not good enough' marks a rare break in AI sector unanimity, putting pressure on private AI valuations across the board.
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