# Daily Fintech News — October 15, 2026 > Daily brief on markets, macro, banking, chips and AI infrastructure. Published October 15, 2026 at 7:00 PM ET by Daily Fintech News. Canonical HTML: https://dailyfintechnews.com/brief/fintech/2026-10-15 **Entities covered:** Anthropic, Initial public offering, CoreWeave --- ## 1. TSMC profit surges on relentless AI chip demand *Section: Semiconductors · Source: FT · Tickers: $TSM* Taiwan Semiconductor Manufacturing posted a record third-quarter profit of about $23.6 billion, beating estimates as AI-driven chip demand powered results. The upbeat outlook did little to quell broader market worries about the pace and sustainability of AI infrastructure spending. - $TSM close: $417.99 (-2.79%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-10-15#item-1 ## 2. Anthropic tells investors quarterly revenue jumped ~50% ahead of IPO *Section: AI · Source: FT* Anthropic informed investors that its quarterly revenue jumped roughly 50%, approaching a $17 billion annualized run rate, as it met public-market investors ahead of a planned IPO next month. The pace was slower than some had anticipated, landing as jitters over the AI trade rattled markets. Permalink: https://dailyfintechnews.com/brief/fintech/2026-10-15#item-2 ## 3. CoreWeave sinks ~9.5% in AI-debt selloff; Deutsche Bank calls it a buying opportunity *Section: AI Infrastructure · Source: Bloomberg · Tickers: $CRWV* CoreWeave shares fell as much as 9.5% Thursday, extending a slide that has erased more than $10 billion in market value over four sessions amid concerns about AI-related debt. Deutsche Bank called the drop a buying opportunity and kept its $150 target, while Nvidia CEO Jensen Huang said the cloud provider's financial health is improving. - $CRWV close: $67.03 (+1.90%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-10-15#item-3 ## 4. Chip stocks slide and investors flee to Treasuries on AI-debt fears *Section: Markets · Source: FT* US and global chip stocks fell for a second day as investors rotated into Treasuries amid mounting fears over AI-related debt and the sustainability of the AI boom. Debt issued by AI-infrastructure and 'neocloud' providers has sunk toward stressed territory in what one analyst called a 'Darwin moment' for AI borrowers. Permalink: https://dailyfintechnews.com/brief/fintech/2026-10-15#item-4 ## 5. Ericsson earnings beat forecasts on solid mobile network demand *Section: Earnings · Source: Bloomberg · Tickers: $ERIC* Ericsson reported third-quarter earnings that topped analyst forecasts, helped by steady demand for its mobile network equipment. The results offered a bright spot for telecom-gear suppliers. - $ERIC close: $10.56 (+10.18%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-10-15#item-5 ## 6. Global smartphone shipments drop 22% in worst quarter ever, IDC says *Section: Hardware · Source: Bloomberg* Global smartphone shipments fell 22% last quarter, which IDC described as the worst quarter on record, signaling renewed weakness in the handset market. The data points to pressure on consumer-hardware demand across the device makers. Permalink: https://dailyfintechnews.com/brief/fintech/2026-10-15#item-6 --- ## Questions this brief answers **Why did TSMC profit surges on relentless AI chip demand rise?** Taiwan Semiconductor Manufacturing posted a record third-quarter profit of about $23.6 billion, beating estimates as AI-driven chip demand powered results. The upbeat outlook did little to quell broader market worries about the pace and sustainability of AI infrastructure spending. **What did Anthropic announce on October 15, 2026?** Anthropic informed investors that its quarterly revenue jumped roughly 50%, approaching a $17 billion annualized run rate, as it met public-market investors ahead of a planned IPO next month. **Why did CoreWeave shares fall?** CoreWeave shares fell as much as 9.5% Thursday, extending a slide that has erased more than $10 billion in market value over four sessions amid concerns about AI-related debt. Deutsche Bank called the drop a buying opportunity and kept its $150 target, while Nvidia CEO Jensen Huang said the cloud provider's financial health is improving. **Why did Chip stocks slide and fall?** US and global chip stocks fell for a second day as investors rotated into Treasuries amid mounting fears over AI-related debt and the sustainability of the AI boom. Debt issued by AI-infrastructure and 'neocloud' providers has sunk toward stressed territory in what one analyst called a 'Darwin moment' for AI borrowers. **What did Ericsson earnings beat forecasts report for the quarter?** Ericsson reported third-quarter earnings that topped analyst forecasts, helped by steady demand for its mobile network equipment. The results offered a bright spot for telecom-gear suppliers. **Why did Global smartphone shipments drop fall?** Global smartphone shipments fell 22% last quarter, which IDC described as the worst quarter on record, signaling renewed weakness in the handset market. The data points to pressure on consumer-hardware demand across the device makers. --- ## More from Daily Fintech News - Previous brief: [October 13, 2026 — Nvidia in talks to acquire open-model startup Reflection AI](https://dailyfintechnews.com/brief/fintech/2026-10-13) - Also covers Anthropic, CoreWeave, Initial public offering: [August 31, 2026 — Tesla rose 5%, its best day since early July, ahead of Cybercab launch event](https://dailyfintechnews.com/brief/fintech/2026-08-31) - Also covers Anthropic, CoreWeave, Initial public offering: [September 8, 2026 — Palantir names Nebius its preferred sovereign AI infrastructure partner](https://dailyfintechnews.com/brief/fintech/2026-09-08) - Also covers Anthropic, CoreWeave, Initial public offering: [September 16, 2026 — Fed Raises Rates 25 bps in Unanimous Decision, First Hike Since 2023](https://dailyfintechnews.com/brief/fintech/2026-09-16) - [All briefs](https://dailyfintechnews.com/brief/fintech) *Source: Daily Fintech News (https://dailyfintechnews.com). Attribution with a link to the brief URL is appreciated when quoted.*