The rise of artificial intelligence (AI) has significantly boosted the stock performance of Palantir Technologies Inc. PLTR this year (up 386.7% YTD). The stock even outperformed the gem of AI — ...
The stock has been by far the S&P 500 index's SPX best performer this year, as it has skyrocketed 380.9% to date in 2024 to boost Palantir's market value to $188.1 billion. Meanwhile, Nvidia shares ...
Those contrasting signals reflect the diverging fortunes of the chips needed for artificial intelligence (AI), for which demand has been “insane", according to C.C. Wei, TSMC’s boss, and those needed ...