Micron, Nvidia and other chip stocks face renewed pressure as AI fears swell Micron, Nvidia and other chip stocks face renewed pressure as AI fears swell Reported details about Anthropic’s financial progress are adding to concerns about the health of the AI ecosystem Nvidia’s stock was down Thursday morning. A prominent ETF tracking the chip sector is set to fall for the eighth consecutive day as investors continue to worry about the state of artificial-intelligence spending. Now Wall Street has a new source of concern.
AI startup Anthropic gave a quarterly revenue update in a private meeting with investors, reportedly showing a slowdown in growth. The Claude maker reported that its third-quarter revenue was up to $16.8 billion in the September quarter, according to the Financial Times. Although that demonstrated sequential growth of almost 50%, Anthropic had seen revenue grow almost 145% sequentially in the second quarter.
Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 This 30-year market veteran is alarmed by a record-chasing S&P 500. Here’s where he’s investing instead.
There’s a ‘monstrous bull market’ developing under the surface of the S&P 500. This hedge-fund manager tells you where it’s at. CoreWeave’s AI bonds tumble, raising red flags for the wider market TSMC’s CEO sees no sign of a slowdown as chip foundry reports record profit Anthropic’s slowing growth could be the AI trade’s latest red flag Britney Nguyen is a tech reporter covering Nvidia, chips and AI.
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