This article first appeared on GuruFocus. Anthropic PBC, the developer of the Claude AI models, set a price range of $70 to $78 a share for its IPO, seeking up to $64.4 billion in the base deal, according to an amended filing with the SEC. The company is offering 801.4 million shares, and existing holders are selling 23.6 million. A separate $26 billion private placement goes to Advanced Micro Devices Inc. (NASDAQ:AMD), Broadcom Inc. (NASDAQ:AVGO), Alphabet Inc.'s (NASDAQ:GOOGL) Google, Micron Technology Inc. (NASDAQ:MU), Microsoft Corp. (NASDAQ:MSFT), Nvidia Corp. (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM). Warning! GuruFocus has detected 5 Warning Signs with AMD. Is AMD fairly valued?
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.