Palantir CEO Alex Karp Just Delivered Incredible News for Nvidia Stock Investors

Nvidia (NASDAQ: NVDA) has experienced a renaissance over the past few years. The company's graphics processing units (GPUs) first revolutionized the gaming industry, but have more recently become the gold standard for data centers, laying the groundwork for the artificial intelligence (AI) boom. A blistering run in sales and profit growth helped catapult Nvidia's market cap to increase more than 13-fold to $5 trillion, marking the first company to surpass that milestone.In recent months, however, there have been increasing concerns that the relative rates of AI adoption have begun to decelerate, even as absolute growth rates remain impressive. As a result, some investors are looking for indications that businesses continue to adopt these cutting-edge algorithms and that the AI revolution remains on track.Palantir Technologies (NASDAQ: PLTR) just provided the clearest evidence yet that it's still early innings for AI.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool