Better AI Buy Right Now: Nvidia vs Palantir
Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) both have been early winners of the artificial intelligence (AI) revolution. Last year, their shares soared in the triple digits. Nvidia advanced 171% for the best performance in the Dow Jones Industrial Average, while Palantir surged 340% for the top performance in the S 500. And in 2024, those indexes had just invited Nvidia and Palantir to join, a sign that these companies are among the top players driving the economy.
These tech superpowers both have reported record earnings thanks to demand from AI customers, and considering that we're in the early stages of the AI story, with today's $200 billion AI market forecast to grow to more than $1 trillion, a lot more growth could be ahead. And that supports the idea of buying both of these top players. But, if you could buy only one, which one represents the better AI buy right now? Let's find out.
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Source Fool.com
