Palantir (PLTR) has seen explosive growth this year, with a return of about 229% per share. Now trading around $191, the company is looking to partner with Nvidia (NVDA) and CenterPoint Energy (CNP) to launch Chain Reaction, potentially propelling the stock even higher.

The AI race is shifting towards power supply, with the demand for electricity, computing capacity, and infrastructure becoming critical for AI development. Analysts predict that power demand from AI data centers could increase 30-fold by the mid-2030s, presenting challenges that the Chain Reaction platform aims to address.

Palantir’s recent earnings report beat estimates, with the company expecting strong revenue growth in Q4 and beyond. This makes Palantir a compelling long-term investment opportunity, especially given its role in addressing key challenges in AI development and power supply.

Read more at Barchart: How Much You’d Have If You Bet $10,000 on Palantir Stock in January and 1 Key PLTR Catalyst to Watch in 2026