💪 Anthropic has a new pitch for IPO investors: Claude is designing AI chips. As Anthropic accelerates its IPO plans, the company has revealed that Claude is already being used in actual chip engineering and design. If Claude can help Anthropic develop its own chips and eventually provide design tools to other semiconductor companies, it could tap into a market worth $10B+. 🚨 The market is already reacting. Chip design software giants Synopsys (SNPS) and Cadence (CDNS), which together generate roughly $16B in annual revenue, both stocks fell. But the valuation already assumes extraordinary growth. At a proposed $1.5T valuation, Anthropic would trade at: > 22.1x its Q3 2026 annualized revenue of $67.8B > 7.9x its projected 2028 revenue of $190B > 7.5x even if revenue reaches $200B in 2028 Anthropic is expanding from AI models into the infrastructure and tools used to build AI itself. Can these new opportunities generate enough revenue to justify the growth already priced into its IPO valuation?