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Story summary
- Anthropic filed for an IPO, revealing its strategy and finances.
- AI-related chip makers led a rally that pushed the PHLX Semiconductor Index up 2.8%.
- Technology stocks increased after Anthropic’s IPO filing.
- Meta Platforms shares fell 1.9% after announcing up to $95 billion in stock offerings.
- The S&P 500 rose 0.7% and the Nasdaq Composite gained 0.8%.