Broadcom to Lend Anthropic $42 Billion for Chip Leases

By EC Assets · Published 1 October 2026

Broadcom will lend artificial intelligence startup Anthropic up to $42 billion. The loan is intended for Anthropic to lease Broadcom chips. This arrangement was revealed in a filing. Anthropic's IPO prospectus details extensive partnerships with several large technology firms. Chip maker Broadcom is one of these prominent partners. The AI startup filed confidentially for an initial public offering. This IPO could value Anthropic at more than $2 trillion. This valuation would place it above some established technology companies. Anthropic reported a $42 billion net loss in 2025. Its prospectus, seen by Reuters, shows that revenue grew 12-fold. The company is pursuing this IPO despite the significant loss. European semiconductor shares saw a rise on Tuesday. X-Fab Silicon Foundries led these gains. Reports indicated that Anthropic's IPO prospectus pointed to a sharp increase in spending. This spending would be directed towards cloud, computing, and other related services. This outlook lifted hopes for increased AI demand. This article is intended for informational purposes only. It does not constitute investment advice.