Palantir Technologies (PLTR -9.37%) and Super Micro Computer (SMCI -3.43%) are two of the most popular artificial intelligence (AI) stocks on the market. Since January 2023, Palantir has returned 1,900%, and Supermicro has returned 480%.
Palantir (PLTR -9.04%) has already delivered solid returns to patient investors. If you invested $10,000 in the stock at the start of 2024, that investment is already worth $83,000.
Both Palantir Technologies (PLTR 1.02%) and Alphabet (GOOGL 1.69%) (GOOG 1.74%) plan to capitalize on the artificial intelligence revolution, and already have to a certain extent. But their stocks have been on very different paths this year.
Artificial intelligence (AI) is seeing solid adoption by organizations and governments across the globe. Even better, the proliferation of this technology is still in its early phases.
Palantir Technologies (PLTR 1.02%) hit its stride when demand for artificial intelligence (AI) exploded after the launch of ChatGPT. The stock has soared 2,100% since January 2023, the best performance in the S&P 500 (^GSPC 0.80%) during that period by a wide margin.
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