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Palantir Stock News (PLTR)
The market leader for AI chips, Nvidia, was down more than 10% last week as investors started taking profits after a huge run that took the stock to around $140 per share.
Now, analysts are expecting this to continue, and saying that investors should shift from companies that provide AI hardware to companies that provide AI software.
When we say AI software, you might think of companies like Microsoft or Alphabet, but one major AI software player that all investors should be paying attention to is Palantir Technologies, whom Wedbush Securities’ Dan Ives called the purest AI play out there.
Disclaimer: This is not licensed financial advice, we are just sharing our thoughts for your fun and entertainment.
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