NVIDIA Corporation (NVDA) reported substantial financial results for the second quarter, achieving a record $68.1 billion in sales, a 73% increase year-over-year, with an adjusted EPS of $1.62, up 82% year-over-year. Data Center sales contributed significantly, reaching $62.3 billion, a 75% year-over-year growth.
Palantir Technologies Inc. (PLTR) also saw impressive growth, with overall sales hitting $1.4 billion, a 70% increase from the previous year. U.S. sales alone accounted for $1.1 billion, reflecting a 93% year-over-year growth. Both companies currently hold a Zacks Rank of #2 (Buy), as demand for their offerings remains robust amidst the growing interest in artificial intelligence.
