Chip Stocks Rebound; Anthropic Seeks $60B; SpaceX Earnings Next

This update is a roundup of same-day reporting from the linked sources below, with editorial context from the CPJ Stock Desk.

Chip stocks bounced on Monday after an eight-session losing streak, with AMD among the leaders. Debt financing for AI compute and a SpaceX earnings report due Tuesday now frame the week.

Key points

Chip stocks rose Monday after eight straight down sessions, and AMD was among the big gainers, per Investor’s Business Daily.
Anthropic is reportedly seeking a record $60 billion debt package to secure computing power.
CoreWeave fell more than 25% on the week, its steepest weekly drop in nearly a year.
SpaceX reports third-quarter results Tuesday, with consensus revenue of $12.89 billion, per TipRanks via Invezz.
Nvidia invested $3.5 billion in MediaTek six weeks ago, and ByteDance is reportedly in talks to buy MediaTek’s custom AI chips.

Is the chip selloff over?

One green day does not settle it. The Monday gain follows a rough stretch. On Friday, AMD fell 5.95% to $528.75 as all 30 constituents of the Philadelphia semiconductor index dropped. The sources describe the pressure as tied to worries about AI debt, and the rebound sources do not say what triggered the bounce.

CoreWeave shows how hard the debt worry hit leveraged AI infrastructure names. Its 25%-plus weekly decline was attributed to debt concerns and the semiconductor selloff. Investors should watch whether the rebound extends to the more indebted names or stays limited to the large chipmakers.

What does Anthropic’s $60 billion financing ask signal?

Per the report, Anthropic wants a record debt financing package to lock in massive compute capacity. The headline also says China is tightening export controls, though the summary provided gives no further detail on either point. The figure is reported, not confirmed, and terms could change.

The relevance for investors is the funding method. Debt-financed compute is exactly what has unsettled chip and AI infrastructure stocks this week. A deal of this size would add to chip demand, but it also adds to the pool of leverage tied to AI buildout.

On the supplier side, Memeburn reports that ByteDance is in talks with MediaTek over custom AI chips. It would be MediaTek’s second big custom-chip buyer after Google. The report frames this as ByteDance seeking a third chip supplier and potentially needing Nvidia less. The talks are not confirmed as a finished deal.

What should investors watch in SpaceX’s earnings?

SpaceX is the main event Tuesday. Wall Street expects revenue of $12.89 billion, up roughly 65% year over year, with analysts looking for Starlink and AI revenue to push the company back to quarterly profit. Invezz notes expensive expansion plans complicate the picture. The Global X Space Tech ETF (ORBX) held 25.44% of assets in SpaceX as of October 16.

Separately, Elon Musk pledged one SpaceX share to every American child next year. FinanceFeeds put that at about $10.5 billion at Friday’s price, said the stock was flat on the news, and noted Musk’s own shares are locked up until June 2027. GuruFocus describes it as the first step in a broader initiative, without more detail. Treat it as an announcement, not an executed plan.

Apple’s price-versus-units question

A KeyBanc survey suggests Apple is gaining through pricing rather than unit growth. Early interest in the iPhone 18 is up, but the survey predicts demand may weaken afterward. The available summary is truncated, so the full timing and magnitude are unclear.

This article is for information only and is not investment advice. buy-ai-stock.com is independent and not affiliated with any company mentioned.