America’s biggest defense technology company Palantir may have sent a ‘stock warning’ to Nvidia: Will lose billions as …
Jensen Huang-led Nvidia is set to report its fiscal first-quarter earnings on May 20, and investors are expecting another quarter of strong growth driven by artificial intelligence (AI) demand. The US chip maker is expected to post revenue and profit numbers above Wall Street estimates as demand for AI chips continues to rise. However, recent market reactions to other AI companies, including Palantir Technologies, are showing that strong results alone may not be enough to satisfy investors with very high expectations, as pointed out by private financial and investing advice company, The Motley Fool.
The report highlights Palantir’s strong growth with the company recently reporting an 85% jump in revenue to $1.63 billion. Supported by growth in the US government and commercial business, the company also raised its full-year 2026 sales forecast.
