Anthropic PBC’s IPO filing boosted AI trade sentiment, lifting South Korean and Japanese semiconductor stocks. Samsung and SK Hynix surged over 4%, driving the Kospi up 4.9%, while Japan’s Nikkei rose 2.4% with Advantest up 9%. The filing eased concerns over AI financing, alongside SpaceX’s $40B lease and Meta’s $95B share sale.
Analysts say the moves restored risk appetite, pulling capital from defensive positions back to chip stocks. The rally precedes key earnings from Samsung, SK Hynix, Amazon, and Alphabet, which will test AI demand durability. Anthropic’s prospectus showed strong sales and over $112B in cash, reassuring investors on infrastructure sustainability.
Despite the bounce, the Kospi remains 35% below its June peak, with $150B in foreign selling this year. SK Hynix may announce up to 60 trillion won in shareholder returns.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing