Anthropic IPO Could Lift Semtech Stock And Other AI Infrastructure Picks

Anthropic’s giant Nasdaq listing plan, with a targeted US$1.5–US$2t valuation and more than US$100b earmarked for AI infrastructure, has suddenly turned the quiet plumbing of the AI world into the main story. The money has to land somewhere. That puts fresh attention on the companies supplying chips, data centers and cloud muscle. This article walks through three stocks exposed to that Anthropic news, and why each could matter for your portfolio.

The stocks covered below are only a small sample of what Anthropic’s AI infrastructure rush is touching, and the full screen surfaced 55 more companies with equally compelling stories that are not broken down in this article. To identify and analyze the highest conviction AI infrastructure enablers, head straight to the AI Infrastructure Enablers (Semiconductors, Data Centers, and Cloud Providers) screener.

Shengyi TechnologyLtd (SHSE:600183)

Overview: Shengyi TechnologyLtd supplies copper clad laminates and printed circuit boards used in AI servers, GPUs, networking gear and wider electronics.

Market Cap: CN¥243.5b

Shengyi TechnologyLtd fits directly into the AI Infrastructure Enablers theme because its laminates and PCBs are used in servers, GPUs and high computing power equipment that Anthropic described in its Nasdaq filing. Investors gain exposure to that build out via a supplier with established profitability and recent earnings momentum, while future returns will depend on how one less visible pressure influences AI hardware demand and pricing power.

That pressure point is already baked into expectations, so compare how Shengyi TechnologyLtd’s earnings power, balance sheet and valuation stack up in the analysis report for Shengyi TechnologyLtd

Semtech (SMTC)

Overview: Semtech builds high speed connectivity and IoT chips plus cloud services that help move data efficiently across AI data centers and edge networks.

Operations: Semtech generates revenue across three similar sized segments, with Signal Integrity at about US$401 million, IoT Systems and Connectivity at US$365 million, and Analog Mixed Signal and Wireless at roughly US$409 million.

Market Cap: US$12.3b

Semtech matters in this Anthropic driven AI build out because its connectivity hardware and IoT platforms help tie together GPUs, servers and edge devices into something that can actually move data fast enough to be useful.

"Accelerating demand from hyperscale data centers and AI infrastructure is driving robust, multi-year growth across Semtech's high-margin data center business, supported by design wins in advanced optical (FiberEdge), low-power (LPO), and active copper interconnects (CopperEdge/ACC)."

For investors, what really moves the needle is how one unresolved capacity bottleneck shapes the pricing power behind those future AI interconnect wins.

That pricing bottleneck is exactly what the full narrative for Semtech unpacks. It separates temporary constraints from longer term AI demand that could reshape how you view Semtech’s opportunity.

AP Memory Technology (TWSE:6531)

Overview: AP Memory Technology designs customized low power and high bandwidth memory ICs used in AI compute, data-center servers, and connected devices.

Operations: The business currently generates around NT$7,826 million in revenue from its Semiconductors segment focused on customized memory products.

Market Cap: NT$129.7 billion

AP Memory Technology provides direct exposure to memory chips that sit beside GPUs and accelerators inside AI servers. Recent TWD revenue and earnings data indicate strong profitability and capital efficiency. Investor interest is likely to depend on how constraints on high bandwidth, power efficient memory supply interact with Anthropic led demand for AI infrastructure.

Those supply constraints are already reshaping expectations, so tap into the analyst forecasts for AP Memory Technology to see how analysts frame AP Memory Technology’s upside risk.

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