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Nvidia Stock Is 10% Below Its Record. Does Anthropic's IPO Filing Make It a Buy?
The Motley Fool·
Anthropic's IPO filing reveals up to $206 billion in computing contracts, but most are rental agreements rather than chip orders, and a significant portion actually goes to Google's chips rather than Nvidia's. While Nvidia's data center business continues strong growth at $89 billion quarterly revenue, the filing doesn't materially change the investment case for Nvidia stock at current valuations.
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