Better AI Stock: Nvidia vs. Palantir Technologies
Share prices of Nvidia (NASDAQ: NVDA) and Palantir Technologies (NYSE: PLTR) have been in red-hot form on the stock market this year, recording gains of 225% and 177%, respectively. That performance can be attributed, in part, to their artificial intelligence (AI)-related efforts. Both companies stand to gain from different aspects of the rapid adoption of this technology.
Nvidia is clocking astronomical growth thanks to the booming demand for AI hardware, such as data center graphics cards and server processors. Palantir is expected to win big thanks to the increased adoption of AI software.
If you were to choose one of these high-flying AI stocks for your portfolio today, which one should you buy? Let's find out.
Source Fool.com
