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As Anthropic Nears $1 Trillion Valuation, Tech Veterans Warn Against Repeating Intel's Biggest Mistake

Summary by 247wallst.com
The post As Anthropic Nears $1 Trillion Valuation, Tech Veterans Warn Against Repeating Intel’s Biggest Mistake appeared first on 24/7 Wall St.. Ian Thompson warns that AI leaders risk repeating Intel's (INTC) mistake of spending billions on share buybacks while neglecting core technology investment. Intel's Data Center & AI revenue grew 22% YoY to $5.05B in Q1 FY2026, yet stock trades 40% above analyst targets amid AI valuation skepticism. M…

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247wallst.com broke the news in New York, United States on Monday, June 22, 2026.
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