Two Promising AI Stocks Poised for Rapid Growth Like NVIDIA

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NVIDIA Corporation (NVDA) has become the most valuable company with a market capitalization of $4.3 trillion, driven by the rising demand for its graphics processing units (GPUs) in the AI sector. The company’s share price has increased by 27.7% over the past year due to consistent sales and profit growth from its advanced Blackwell chips.

Meanwhile, Palantir Technologies Inc. (PLTR) and Micron Technology, Inc. (MU) are also experiencing significant growth, with stock gains of 153.7% and 140%, respectively, over the past year. Palantir reported third-quarter revenues of $1.18 billion, a 63% increase year-over-year, while Micron raised its fiscal first-quarter revenue guidance to $12.5 billion after generating $11.32 billion in the previous quarter against $7.75 billion a year ago.

Palantir has increased its revenue outlook for Q4 to between $1.327 billion and $1.331 billion, and for the full year to between $4.396 billion and $4.400 billion. Micron’s net income for the fiscal year reached $8.54 billion, with projected earnings growth rates of 110.6% and 23.4% for the current quarter and the following year, respectively.

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