Anthropic Revenue Hits $16.8B as TSMC Profit Jumps 69%, What Lies Ahead for AI Stocks?

• Anthropic revenue reached $16.8 billion ahead of its reported IPO plans
• TSMC reported a 69% year-over-year profit jump as quarterly revenue rose 50.9%
• TSMC stock forecast points to further upside, while AI growth remains a key focus for investors

The AI boom is currently deepening as the tech continues to penetrate deep into the markets. Anthropic has reported a sharp increase in its revenue ahead of its planned IPO. At the same time, Taiwan Semiconductor Manufacturing Company, or TSMC, has posted a 69% surge in quarterly profit. Both developments highlight strong demand for AI growth and expansion, with investors keenly watching their next move.

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Anthropic Revenue Hits $16.8B Ahead Of IPO

Anthropic IPO has been the trending topic of discussion in the present global market scenario. The company has recently unveiled its financial results, revealing that its revenue has hit $16.8B, up 45% from the previous quarter. The firm’s revenue earlier stood at $11.6B in Q2 and $4.7B in Q1. This update has arrived as Anthropic reportedly prepares for an IPO later in 2026. Its latest results may attract a large pool of investors looking to invest in the company’s latest revenue surge.

In contrast to its recent revenue milestones, Anthropic’s latest quarter reflects slower growth compared with earlier quarters. Investors will be watching to see whether the company can sustain rising AI demand and Claude’s adoption as a business tool to support Anthropic’s revenue growth.

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TSMC Stock Rises, Secures 69% Profit Jump

The global AI landscape is evolving at a rapid pace. As AI spending and usage continue to grow, AI stocks such as TSMC have benefited from the trend. The company’s latest earnings report reveals a net profit of NT$763.1B, or approximately $23.6B, up 69% from a year earlier. TSMC’s revenue has risen 50.9% year over year to NT$1.494T, according to its earnings release.

TSMC is a semiconductor manufacturer that supplies advanced chips to customers such as Nvidia and Apple. As AI companies invest in data centers and computing, demand for these processors has grown sharply. However, TSMC stock has reportedly fallen by 2% amid a broader tech selloff linked to concerns over US inflation and interest rates.

What’s Ahead For Anthropic and TSMC?

While Anthropic is reportedly preparing for an IPO later this year, TipRanks estimates that TSMC stock could reach an average price target of $553.

The portal lists a high target of $665 and a low of $440. At the time of the cited forecast, TSMC stock was trading at approximately $417.41.

“The average price target for TSMC is $553.00. This is based on 8 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst price target is $665.00, and the lowest forecast is $440.00. The average price target represents a 32.48% increase from the current price of $417.41.”

Moreover, TipRanks’ analysts have issued a Strong Buy rating for TSMC stock.

“TSMC has a consensus rating of Strong Buy, which is based on 7 buy ratings, 1 hold rating, and 0 sell ratings.”

As AI spending continues to attract scrutiny, the sector is booming, with leading AI stocks and companies driving the change. Anthropic’s revenue growth and TSMC’s strong earnings add to the picture of sustained AI demand. However, investors will be watching whether this momentum can continue as companies expand their AI businesses and spending.

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