Analyst: Nvidia turmoil puts pressure on Anthropic IPO

Investors and analysts said that while the Nvidia controversy is unlikely to hit Anthropic's core business, it will affect the overall market narrative around the AI sector. Jay Goldberg, an analyst at Westport Research Partners and one of the few on Wall Street with a sell rating on Nvidia, believes Jensen Huang's departure would not halt the IPO. "They will go public under the pressure of Nvidia's earnings call, and I don't think it will be shelved because of this. This is a massive IPO with many backers, and it won't be stopped." Jason Schloetzer, an associate professor at Georgetown University's McDonough School of Business, argued that Nvidia's recent controversy and doubts about its CEO's judgment will transmit to its partners and bring more scrutiny. He expects the market to look more closely at Anthropic's ties to Nvidia and at clients connected to Nvidia.