27 days ago
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Brad Gerstner says leading AI labs need to lift their combined annualized revenue from roughly $100 billion to at least $180 billion by year-end to keep the AI trade intact.
The Altimeter Capital founder, whose firm held nearly $1.9 billion of Nvidia Corp. (NASDAQ:NVDA) shares at the end of June, called AI lab revenue "the single most important data point in the market today" at the All-In Summit.
Gerstner estimated that Anthropic, OpenAI and **** eX (NASDAQ:SPCX), which owns xAI, had a combined run rate of roughly $100 billion based on figures circulating in July.
Gerstner said the companies need to reach at least $180 billion by year-end, up about 80% from his July estimate, "just to keep the AI trade intact."
#NASDAQ #combined #least #year
Brad Gerstner says leading AI labs need to lift their combined annualized revenue from roughly $100 billion to at least $180 billion by year-end to keep the AI trade intact.
The Altimeter Capital founder, whose firm held nearly $1.9 billion of Nvidia Corp. (NASDAQ:NVDA) shares at the end of June, called AI lab revenue "the single most important data point in the market today" at the All-In Summit.
Gerstner estimated that Anthropic, OpenAI and **** eX (NASDAQ:SPCX), which owns xAI, had a combined run rate of roughly $100 billion based on figures circulating in July.
Gerstner said the companies need to reach at least $180 billion by year-end, up about 80% from his July estimate, "just to keep the AI trade intact."
#NASDAQ #combined #least #year
1 month ago
Anthropic could reportedly complete an initial public offering (IPO) by early November, which could fetch a valuation of roughly $2 trillion. Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) are two stocks positioned to benefit if Anthropic goes public.
Anthropic said its annualized revenue reached $47 billion in May, up from the $14 billion run rate it disclosed on Feb. 12, 2026. That helped push its valuation to $965 billion on May 28, following a $65 billion Series H round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Amazon and Alphabet hold minority stakes, providing investors with some exposure to Claude's growth. Moreover, if Anthropic does go public, it could raise additional capital to support the massive compute commitments it's already making with Amazon and Google.
In its second-quarter earnings release, Amazon reported that net income surged 244% year over year to $62.6 billion. A key driver was a $53.4 billion non-operating pre-tax gain recognized as "other income," which the company attributed primarily to its investment in Anthropic. This gain reflected the recent increase in valuation for Anthropic following its latest funding round. The gain represented 2% of Amazon's market cap at the time of the second-quarter earnings release.
#NVIDIA #capital #signal #valuation
Anthropic said its annualized revenue reached $47 billion in May, up from the $14 billion run rate it disclosed on Feb. 12, 2026. That helped push its valuation to $965 billion on May 28, following a $65 billion Series H round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Amazon and Alphabet hold minority stakes, providing investors with some exposure to Claude's growth. Moreover, if Anthropic does go public, it could raise additional capital to support the massive compute commitments it's already making with Amazon and Google.
In its second-quarter earnings release, Amazon reported that net income surged 244% year over year to $62.6 billion. A key driver was a $53.4 billion non-operating pre-tax gain recognized as "other income," which the company attributed primarily to its investment in Anthropic. This gain reflected the recent increase in valuation for Anthropic following its latest funding round. The gain represented 2% of Amazon's market cap at the time of the second-quarter earnings release.
#NVIDIA #capital #signal #valuation
1 month ago
AI investors are weighing warnings from technology executives about the safety risks posed by the rapid advancement of artificial intelligence. However, some believe that slowing AI development could leave the US behind China and other competitors in the global race. Brad Gerstner, founder and CEO of Altimeter Capital, said on CNBC that he supports AI safety measures but believes some fears are being exaggerated to advance a political agenda.
"I've not talked to a single person in AI who says, full steam ahead, disregard safety," Gerstner said. "It turns out we all care about kids. We all care about the future of the country. We know the massive benefits it offers, but we also want to take the extra time to make sure that we do this safely. But what I didn't like this week is these hyperbolic scare tactics, which I think are hiding behind a political agenda. We learn that all of this catastrophizing about data centers may in fact, have had support from the CCP. Right? So I want a little investigation. Who is behind all of this negativity? Is it coordinated? Right? Where is the money coming from?"
Altimeter's second-quarter 13F filings show that the fund opened new positions in several technology and AI-related companies, including Qualcomm (QCOM) and Micron Technology (MU).
Altimeter bought 1.88 million Qualcomm shares valued at about $347.9 million as of June 30. The position accounted for 3.54% of the fund's reported US equity portfolio. It also acquired 209,520 Micron shares worth roughly $241.8 million, representing 2.46% of the portfolio.
Brad Gerstner of Altimeter Capital
#behind #qualcomm
"I've not talked to a single person in AI who says, full steam ahead, disregard safety," Gerstner said. "It turns out we all care about kids. We all care about the future of the country. We know the massive benefits it offers, but we also want to take the extra time to make sure that we do this safely. But what I didn't like this week is these hyperbolic scare tactics, which I think are hiding behind a political agenda. We learn that all of this catastrophizing about data centers may in fact, have had support from the CCP. Right? So I want a little investigation. Who is behind all of this negativity? Is it coordinated? Right? Where is the money coming from?"
Altimeter's second-quarter 13F filings show that the fund opened new positions in several technology and AI-related companies, including Qualcomm (QCOM) and Micron Technology (MU).
Altimeter bought 1.88 million Qualcomm shares valued at about $347.9 million as of June 30. The position accounted for 3.54% of the fund's reported US equity portfolio. It also acquired 209,520 Micron shares worth roughly $241.8 million, representing 2.46% of the portfolio.
Brad Gerstner of Altimeter Capital
#behind #qualcomm
2 months ago
Brad Gerstner of Altimeter Capital is known for his AI tech investing, while Cathie Wood is known for her aggressive growth investing across different sectors. The latest 13F filings for the second quarter show that there are two stocks common in their portfolios: Snowflake (NYSE:SNOW) and Robinhood (NASDAQ:HOOD).
Gerstner holds a large stake of 1.9 million shares in Snowflake, making it 4.99% of his portfolio. Wood opened a new position in the company with 269,539 shares.
On Robinhood, the two moved in opposite directions, but both stayed in. Gerstner held his position steady at 899,691 shares, about 0.92% of his portfolio. Wood trimmed hers by 13% to roughly 5.24 million shares, though Robinhood remains one of her larger holdings at 3.41%.
For this article, we will **** yze Snowflake in detail.
Cathie Wood of ARK Investment Management
#gerstner #robinhood #million #Portfolio
Gerstner holds a large stake of 1.9 million shares in Snowflake, making it 4.99% of his portfolio. Wood opened a new position in the company with 269,539 shares.
On Robinhood, the two moved in opposite directions, but both stayed in. Gerstner held his position steady at 899,691 shares, about 0.92% of his portfolio. Wood trimmed hers by 13% to roughly 5.24 million shares, though Robinhood remains one of her larger holdings at 3.41%.
For this article, we will **** yze Snowflake in detail.
Cathie Wood of ARK Investment Management
#gerstner #robinhood #million #Portfolio
2 months ago
Brad Gerstner of Altimeter Capital is known for his AI tech investing, while Cathie Wood is known for her aggressive growth investing across different sectors. The latest 13F filings for the second quarter show that there are two stocks common in their portfolios: Snowflake (NYSE:SNOW) and Robinhood (NASDAQ:HOOD).
Gerstner holds a large stake of 1.9 million shares in Snowflake, making it 4.99% of his portfolio. Wood opened a new position in the company with 269,539 shares.
On Robinhood, the two moved in opposite directions, but both stayed in. Gerstner held his position steady at 899,691 shares, about 0.92% of his portfolio. Wood trimmed hers by 13% to roughly 5.24 million shares, though Robinhood remains one of her larger holdings at 3.41%.
For this article, we will ******* yze Snowflake in detail.
Cathie Wood of ARK Investment Management
#wood
Gerstner holds a large stake of 1.9 million shares in Snowflake, making it 4.99% of his portfolio. Wood opened a new position in the company with 269,539 shares.
On Robinhood, the two moved in opposite directions, but both stayed in. Gerstner held his position steady at 899,691 shares, about 0.92% of his portfolio. Wood trimmed hers by 13% to roughly 5.24 million shares, though Robinhood remains one of her larger holdings at 3.41%.
For this article, we will ******* yze Snowflake in detail.
Cathie Wood of ARK Investment Management
#wood
2 months ago
Latest 13F filings show that billionaire Stanley Druckenmiller's family office fund and Brad Gerstner's Altimeter Capital both sold Broadcom Inc. (NASDAQ: AVGO) during the second quarter and opened new stakes in Lam Research Corporation (NASDAQ: LRCX) instead.
Bulls say Lam's multiple compression is due to the overall semiconductor selloff, not a fundamental issue. In fiscal Q4, the company beat earnings estimates and guided to a 52% gross margin for Q1, well above previous expectations. Wafer fab equipment demand remains strong, with memory and advanced packaging contributing more meaningfully. Industry-wide equipment spending guidance for fiscal 2027 was also raised. Advanced packaging growth guidance was raised. The company is expected to benefit from rising capex as companies spend to complete AI infrastructure buildouts.
However, bears point to risks that spending on wafer fab equipment will prove less durable. The company's EPS estimates ******* ume demand will stay strong, but customers can delay deliveries if memory prices weaken and utilization rates fall. Despite the multiple compression, its multiple of over 30x is still above the company's historical average, and cyclical volatility could create valuation issues if the AI capex cycle slows.
Brad Gerstner of Altimeter CapitalBroadcom Falling Out of Favor?
AVGO is up just about 13% so far this year. The stock recently wavered amid disclosure of a security vulnerability in VMware. In Q2, the company signed over $30 billion in AI orders during the quarter. For fiscal Q3, the company expects AI semiconductor revenue up 200% year over year. For fiscal 2027, Broadcom expects $100 billion in AI revenue.
#year #altimeter #broadcom
Bulls say Lam's multiple compression is due to the overall semiconductor selloff, not a fundamental issue. In fiscal Q4, the company beat earnings estimates and guided to a 52% gross margin for Q1, well above previous expectations. Wafer fab equipment demand remains strong, with memory and advanced packaging contributing more meaningfully. Industry-wide equipment spending guidance for fiscal 2027 was also raised. Advanced packaging growth guidance was raised. The company is expected to benefit from rising capex as companies spend to complete AI infrastructure buildouts.
However, bears point to risks that spending on wafer fab equipment will prove less durable. The company's EPS estimates ******* ume demand will stay strong, but customers can delay deliveries if memory prices weaken and utilization rates fall. Despite the multiple compression, its multiple of over 30x is still above the company's historical average, and cyclical volatility could create valuation issues if the AI capex cycle slows.
Brad Gerstner of Altimeter CapitalBroadcom Falling Out of Favor?
AVGO is up just about 13% so far this year. The stock recently wavered amid disclosure of a security vulnerability in VMware. In Q2, the company signed over $30 billion in AI orders during the quarter. For fiscal Q3, the company expects AI semiconductor revenue up 200% year over year. For fiscal 2027, Broadcom expects $100 billion in AI revenue.
#year #altimeter #broadcom
