S&P 5007,736.52▲1.8% Nasdaq26,584.99▲2.6% Dow54,085.88▲1.7% Russell 2K3,036.98▲1.9% 10-Yr4.63%−6bp VIX16.50+0.64 WTI$75.32▼6.2% Gold$4,133.60▲2.5% EUR/USD1.153▼0.1% BTC$64,286▲0.4% Nikkei63,755▼0.9%
At close · Tue, Aug 4, 2026
Daily Market Updates.

US Markets

HomeUS MarketsM&A & DealsAnthropic forms in-house team to design custom chips f…

Anthropic forms in-house team to design custom chips for Claude

The company said the move targets faster, more efficient model performance amid a chip shortage, and it would continue using a diversified hardware stack.

Anthropic said Wednesday it is building an in-house team to design custom chips for its Claude AI models, confirming an earlier Reuters report and citing a broader shortage of chips needed to power and develop advanced AI systems.

The startup said it is hiring engineers with experience across the hardware and software stack to co-design custom silicon alongside its AI models, with the goal of running Claude faster and more efficiently at the scale required by customers.

Anthropic described the effort as the latest step in its multi-chip strategy, saying it will keep relying on a diversified hardware stack that includes technology from Amazon Web Services, Google, Nvidia, and AMD.

The company did not provide a timeline for the chip plans or say whether it intends to manufacture the chips itself. Industry sources cited by Reuters estimate that designing an advanced AI chip can cost roughly half a billion dollars, reflecting engineering and manufacturing quality costs.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.