Overview
- Since 2023, Palantir shares are up about 2,640% versus roughly 1,130% for Nvidia, according to Yahoo Finance.
- Palantir reported third-quarter revenue of $1.12 billion, up 63% year over year, driven by broad commercial and government adoption of its AIP platform.
- Palantir trades at a significantly higher valuation multiple than Nvidia, sharpening the growth-versus-price trade-off for investors.
- Nvidia demand remains intense, with CEO Jensen Huang saying cloud GPUs are "sold out" despite questions about longer-term market share.
- Competition is building for Nvidia as AMD partners with OpenAI to supply about 6 gigawatts of compute and Alphabet’s Broadcom-designed TPUs are in focus, including potential offerings to Meta.