Dan Ives Names Top 5 AI Stocks to Watch Amid the Anthropic IPO Hype on Wall Street
Anthropic filed a confidential IPO with the SEC on June 1, 2026, at a $965 billion valuation, reigniting the AI rally and turning all eyes again to the most uncovered Wall Street names.
We break down what the Anthropic IPO means for the market and the 5 AI shares on Dan Ives’ procuring listing proper now.
What the Anthropic IPO Means for AI Stocks
An IPO submitting is the formal step a personal firm takes to start promoting shares to public traders. Anthropic just took that step, turning into the first main AI lab to accomplish that this cycle.
The numbers are placing. The Claude developer not too long ago closed a funding spherical at a $965 billion valuation, surpassing rival OpenAI. Meanwhile, its income run charge jumped from $10 billion to $47 billion in roughly one 12 months.
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Dan Ives, Global Head of Tech Research at Wedbush, referred to as the transfer a significant step for Anthropic. He additionally referred to as it the opening of the floodgates for an IPO market that had been dormant for years. Three main AI conglomerates are actually anticipated to go public throughout 2026.
“Right now, when it comes to Anthropic, it’s the greatest mannequin in the world, and I don’t suppose there’s a dispute there […] It’s going to put extra stress on Open AI, which is foundational to the AI revolution,” Ian Dives not too long ago mentioned in an interview.
For broader AI shares, the IPO acts as a confidence sign. It validates institutional demand for AI publicity and pushes Wall Street to revisit which listed names profit most instantly from the subsequent leg of the cycle.
The 5 AI Stocks Dan Ives Is Watching Right Now
Ives additionally instructed CNBC the tech sector now sits in the first hour of the third inning of the AI supercycle. That framing suggests vital upside nonetheless forward regardless of current beneficial properties.
His procuring listing begins with chips. The first name is NVIDIA, which he calls the Godfather of AI. He estimates each greenback spent on an NVIDIA chip generates an $8 to $10 multiplier throughout the remainder of the tech sector.
The NVIDIA narrative additionally obtained a current enhance at Computex. Jim Cramer praised the firm’s new RTX Spark chip, which goals to carry full AI capabilities instantly to laptops and desktop computer systems, difficult Apple’s personal choices.
The second pick is AMD. Despite current volatility, Ives sees it as a core beneficiary of the AI infrastructure buildout and continued enterprise spending on accelerated computing throughout world information facilities and cloud platforms.
The third title is Micron Technology. Ives describes the present cycle as a reminiscence supercycle that ought to proceed taking part in out for a number of quarters, lifting the total DRAM and high-bandwidth reminiscence advanced powering AI servers.
“On the chip facet, it continues to be the Godfather of AI Jensen’s Nvidia, you have a look at AMD… Micron. This is a reminiscence supercycle that’s going to proceed to play out,” he noted.
On the hyperscaler facet, Microsoft tops his list. The firm combines deep Azure integration with sturdy enterprise AI distribution, giving it leverage on each infrastructure spending and software program monetization throughout a number of enterprise strains.
Oracle rounds out the 5. Its increasing cloud infrastructure footprint and rising AI workload base have made it an more and more central participant in the institutional AI buildout, fueling regular analyst upgrades and inflows.
“Now it’s spreading… second, third, fourth derivatives throughout AI. Every greenback spent on an Nvidia chip, there’s an eight-to-ten-dollar multiplier throughout the remainder of tech. That’s why it’s the third inning,” he added.
What’s Next?
The subsequent main catalyst is the Anthropic roadshow itself. Once the SEC evaluation concludes, the firm can start formally pitching to institutional traders, with pricing dynamics doubtless to set the tone for the OpenAI and SpaceX listings anticipated later in the cycle.
Investors also needs to watch how capital expenditure steerage evolves at the main hyperscalers. Any sign that AI infrastructure spending will hold accelerating into 2027 would instantly help the bullish thesis behind Ives’ 5 favourite shares.
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