AI-related market fatigue is triggering a semiconductor sector slump, with the Philadelphia Semiconductor Index declining 2.7% and major players like Samsung Electronics and SK Hynix dropping 10% and 8% respectively. The KOSPI index has also retreated approximately 25% from its July peak. Anthropic is preparing its investor day on October 14 amid this market turbulence, having been valued at $965 billion in its last private funding round. Markets are now pricing a 68.5% probability of Anthropic reaching a $2 trillion valuation by year-end, down from previous weeks.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
