Better AI Stock: Nvidia vs. Palantir?
Nvidia (NASDAQ: NVDA) and Palantir (NASDAQ: PLTR) have been two of the best-performing stocks on the market this year, and artificial intelligence is the major reason.
Nvidia needs little introduction at this point. The chip stock has come to dominate the market for data center GPUs (graphics processing units) in the AI boom, which has driven its stock price up roughly 10 times since the start of 2024. Palantir, meanwhile, has emerged as the biggest winner in software from AI as its experience with deep data mining, known as data fusion, has paid off, especially since the launch of its artificial intelligence platform (AIP) last year.
As the chart below shows, both stocks have soared this year.
Source Fool.com
