Core News Highlights
Palantir Technologies saw a remarkable 63% revenue growth in Q3 2025, closing 204 deals worth over $1 million each. Its stock has surged 155% this year, following gains of 167% in 2023 and 340% in 2024. The company is notably recognized for its AI Platform, catering to both military and commercial clients.
Nvidia, a leading semiconductor maker, has maintained a dominant position in the data center chip market, holding between 86% and 92% market share. The company’s stock price rose 819% from 2023 to 2024, followed by a 37% increase in 2025. Nvidia’s GPUs are essential for AI and machine learning applications, and demand remains strong as it sells out data center products.
Iren Limited, a Bitcoin mining company, announced a $9.7 billion deal with Microsoft to provide cloud computing capacity based on Nvidia GPUs. The company reported $232.9 million in revenue from Bitcoin mining in Q1 2026, making up nearly all its total revenue of $240.3 million. Furthermore, Credo Technology’s revenue hit $268 million in Q2 2026, reflecting a 272% year-over-year increase.
