Palantir (PLTR) popped 5.5% this morning, riding the coattails of Nvidia's monster earnings. Here's the play:
Nvidia just posted $57B in revenue (up 62% YoY), obliterating slowdown concerns. Data center segment hit $51.2B, showing demand for AI chips is nowhere near cooling off. CFO flagged they're tracking $500B in Blackwell/Rubin chip sales through end of 2026.
Why PLTR cares: The whole bull case hinges on AI adoption accelerating. Nvidia's blowout earnings basically de-risks that narrative—at least for now.
But here's the catch: PLTR trades at 165x forward earnings and 63x sales. That's a *massive* premium. One stumble in execution or any sign of AI adoption hitting the brakes, and this thing could crater.
Bottom line: The AI thesis is intact, but you're paying handsomely for it.
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# Palantir Jumps on Nvidia's AI Strength Signal
Palantir (PLTR) popped 5.5% this morning, riding the coattails of Nvidia's monster earnings. Here's the play:
Nvidia just posted $57B in revenue (up 62% YoY), obliterating slowdown concerns. Data center segment hit $51.2B, showing demand for AI chips is nowhere near cooling off. CFO flagged they're tracking $500B in Blackwell/Rubin chip sales through end of 2026.
Why PLTR cares: The whole bull case hinges on AI adoption accelerating. Nvidia's blowout earnings basically de-risks that narrative—at least for now.
But here's the catch: PLTR trades at 165x forward earnings and 63x sales. That's a *massive* premium. One stumble in execution or any sign of AI adoption hitting the brakes, and this thing could crater.
Bottom line: The AI thesis is intact, but you're paying handsomely for it.