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Anthropic's narrower sequential Q3 loss lifts tech backers and chips

By Reuters News

** Anthropic's slimmer loss and higher revenue in Q3 boosts key tech backers and chip stocks

** In its amended IPO prospectus with SEC, Anthropic's net loss narrows sharply to $23.29 bln in Q3, from $66.3 bln in Q2

** Revenue rises to $16.96 bln from $11.56 bln

** Company records $895.4 bln in computing spending commitments with partners including Amazon AMZN.O and Alphabet's GOOGL.O Google, ranking among the largest AI infrastructure commitments on record

** Amazon tops Magnificent Seven group with a 5.28% gain, and Alphabet adds 1.44%

** Both are among Anthropic's investors

** Semiconductor stocks such as Broadcom AVGO.O and Nvidia NVDA.O up 1.65% and 1.29% respectively

** The listing plans test investor appetite for AI amid a sluggish IPO market

** Microsoft MSFT.O, an Anthropic investor and an early backer of rival OpenAI, rose 0.5%

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