Investment Opportunities in AI Stocks
Palantir Technologies (NASDAQ: PLTR) has reported a 63% year-over-year revenue increase in Q3, contributing to over 600% gains in the past five years. The company has expanded its services to commercial sectors, more than doubling its revenue from U.S. commercial businesses and achieving a market capitalization exceeding $400 billion. If growth continues, a valuation of $1 trillion is within reach.
Advanced Micro Devices (NASDAQ: AMD) has also shown substantial growth, with a 36% increase in revenue year-over-year and a 61% rise in net income for Q3. Currently valued at nearly $350 billion, AMD aims for a 35% compound annual growth rate (CAGR) in the compute market over several years. A tripling of its value within five years could push it to a $1 trillion market cap.
