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News  ›  The Motley Fool

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

The Motley Fool Logo The Motley Fool By Danny Vena
Palantir CEO Alex Karp Just Delivered Incredible News for Nvidia Stock Investors

Palantir Technologies reported strong Q3 results, demonstrating continued AI adoption and growth, which provides positive signals for Nvidia's AI chip market prospects. The company's commercial segment saw significant revenue acceleration and customer growth, indicating the ongoing AI revolution.

Insights
NMHI   positive

Gaining access to advanced blockchain infrastructure for carbon credit verification, expanding environmental impact, and strategically positioning in Asian markets


PLTR   positive

Reported 63% year-over-year revenue growth, 110% increase in adjusted EPS, and 121% revenue acceleration in commercial segment