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home / news releases / PLTR - 1 Solid AI Stock That's Not Nvidia to Keep an Eye On in the Second Half of 2024


PLTR - 1 Solid AI Stock That's Not Nvidia to Keep an Eye On in the Second Half of 2024

2024-07-01 09:53:00 ET

Artificial intelligence (AI) is undoubtedly one of the biggest trends in our generation, one that could rival (some argue even surpass) that of the internet.

The rise of AI would lift many companies to new heights while sending some to the brink of extinction. For instance, Nvidia , a leading supplier of graphics processing units (GPUs) for AI computation, saw its market capitalization briefly surpass Microsoft to become the most-valuable company in the world before retreating slightly to occupy the second place.

While Nvidia is an obvious candidate, investors looking to invest in the AI trend should not place all their eggs in one basket. Fortunately, the AI tailwind should benefit many other companies beyond Nvidia -- and one of them is Palantir (NYSE: PLTR) .

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1 Solid AI Stock That's Not Nvidia to Keep an Eye On in the Second Half of 2024
Stock Information

Company Name: Palantir Technologies Inc. Class A
Stock Symbol: PLTR
Market: NYSE
Website: palantir.com

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