Palantir outperformed NVIDIA in AI market in 2024, but NVIDIA is expected to excel in 2025.
From Nasdaq: 2024-12-13 15:05:00
- Palantir Technologies Inc. (PLTR) and NVIDIA Corporation (NVDA) have seen significant gains with the rise of artificial intelligence, with Palantir outperforming NVIDIA this year (+324.8% vs +177.2%).
- Palantir’s Artificial Intelligence Platform (AIP) has driven growth, leading to a 39% increase in new customers and a 30% surge in transactions above $1 million in the last quarter.
- NVIDIA’s dominance in the GPU market, especially with the upcoming Blackwell chips, has solidified its position in the AI market, attracting buyers like Microsoft, Alphabet, and Oracle.
- NVIDIA’s Blackwell chips are expected to drive profits, with a 47.2% increase in earnings per share forecasted, making it a superior investment to Palantir in 2025.
- Zacks Investment Research is naming the top 10 stocks for 2025, with a history of impressive performance and early access to top picks available on January 2nd.
Read more at Nasdaq: NVIDIA or Palantir: The Best AI Investment for 2025
