【US Pre-Market】Anthropic Plans $64.4 Billion IPO, Seven Tech Giants Including Nvidia and Microsoft Plan Additional $26 Billion Injection; Major October CPI Looms

Nvidia (NVDA) fell slightly in pre-market trading as the board investigation remained in focus.

Nvidia fell about 0.36% in pre-market trading, following a decline of about 4.3% in the prior trading session. The company's board has formed an independent committee to investigate reports that CEO Jensen Huang may have been targeted by a foreign intelligence operation. The board stated that there is currently no reason to believe that company trade secrets or U.S. national security have been compromised, and Huang will continue to serve as CEO while cooperating with the investigation.

Rocket Lab (RKLB) fell over 7% in pre-market trading as the Neutron maiden flight was delayed to 2027.

Rocket Lab's third-quarter revenue grew 73% year-over-year to $268 million, with its order backlog reaching $3.57 billion. However, the company posted an adjusted loss of $0.12 per share, wider than market expectations of a $0.07 loss. In addition, the maiden launch of the Neutron medium-lift rocket was postponed to 2027. Revenue growth failed to offset concerns over widening losses and project delays, putting pressure on shares in pre-market trading.

Sanmina (SANM) rose about 20% in pre-market trading as demand for AI computing equipment boosted its outlook.

Sanmina reported fiscal 2026 fourth-quarter revenue of $3.86 billion and non-GAAP earnings per share of $4.43. The company expects fiscal 2027 revenue to reach $17.5 billion to $19.5 billion, with growth primarily driven by demand for AI computing infrastructure and electronics manufacturing business. Strong guidance drove shares higher in pre-market trading.

Anthropic's IPO could raise up to $64.4 billion, with seven tech giants including Google and Nvidia planning an additional $26 billion investment.

According to a Reuters report on November 10, Anthropic's latest draft prospectus shows that the company plans to issue shares at $70 to $78 each, raising up to $64.4 billion in its IPO.

In addition, Alphabet's (GOOGL) Google, Nvidia, AMD (AMD), Broadcom (AVGO), Micron (MU), Microsoft (MSFT), and TSMC (TSM)—seven tech companies in all—will subscribe to a combined $26 billion of Anthropic common stock through independent private placements. If both financings are completed as planned, Anthropic's total fundraising could reach up to $90.4 billion.

The transactions remain in the offering preparation stage, and the final offering price, share count, and fundraising amount are yet to be determined.

SpaceX (SPCX) plans to invest $24 billion in Texas to build an AI data center and natural gas power generation facilities.

According to a Reuters report on November 9, SpaceX plans to build a large-scale AI computing center and natural gas power generation facilities in Starbase, Texas, with initial capital investment estimated at approximately $24 billion.

According to a public hearing notice, SpaceX plans to construct, own, and operate the facilities itself and has applied for property tax abatements. The Starbase City Commission is expected to consider the related tax incentives and economic development agreement on December 9.

By building its own natural gas power generation facilities to supply electricity for the AI data center, the project is expected to reduce reliance on the Texas public grid and ease power supply constraints faced by large-scale data center construction.

However, the specific capacity of the power generation facilities and the computing scale of the data center have not yet been disclosed, and the $24 billion represents an estimated initial-stage investment rather than fully finalized spending.

CoreWeave (CRWV) reached a multi-year partnership with U.K. autonomous driving company Wayve to expand its AI cloud business.

CoreWeave reached a multi-year cloud computing partnership agreement with U.K. autonomous driving technology company Wayve to train Wayve's autonomous driving AI models using CoreWeave Cloud and Nvidia Blackwell GPUs.

Wayve employs end-to-end AI technology to process real-world road data to train autonomous driving systems. This partnership will broaden CoreWeave's customer reach in autonomous driving and physical AI, while providing Wayve with the computing resources required for model training, evaluation, and simulation.

This partnership helps CoreWeave expand its enterprise client base, though actual revenue contributions will still depend on computing resource usage and subsequent contract execution.

TSMC's October revenue grew 59.7% as AI chip demand remained strong.

TSMC announced on November 10 that its consolidated revenue for October 2026 reached NT$586.89 billion, up 59.7% year-over-year and 14.7% month-over-month. Cumulative revenue for the first 10 months of the year reached NT$4.4856 trillion, a 43.3% increase year-over-year.

The sharp revenue growth in October reflects sustained strong demand for AI chips and advanced process nodes. TSMC continues to benefit from procurement demand for advanced chips from customers like Nvidia and AMD, with future attention focused on whether capacity for advanced nodes and advanced packaging can meet the growth in AI chip orders.

SoftBank posted a third-quarter loss of approximately $7 billion, with write-downs on AI data center investments drawing scrutiny.

SoftBank Group reported quarterly results for the period ended late September 2026, posting a net loss of approximately 1.1 trillion yen (about $7 billion), primarily driven by impairment losses related to U.S. data center project investments. Among them, about $3.7 billion in impairments was recognized for certain power equipment and capacity prepayments.

The impairment reflects risks that AI infrastructure projects may face regarding construction schedule adjustments, equipment procurement, and capital recovery. Investors will watch how SoftBank adjusts its AI infrastructure investments moving forward and whether related projects can proceed as planned.

This content was translated using AI and reviewed for clarity. It is for informational purposes only.