Palantir and Supermicro Stocks Surge on AI and Metaverse Growth Potential
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Palantir Technologies (PLTR) stock has gained 50% since strong Q4 earnings driven by commercial revenue growth and increasing adoption of its AIP artificial intelligence platform.
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Super Micro Computer (SMCI) provides customizable, scalable servers and solutions optimized for AI, with partnerships with Nvidia, AMD, and Intel to integrate the latest technologies.
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Supermicro's AI-optimized servers and solutions are being rapidly adopted by over 1,000 companies for use in areas like enterprise, cloud, 5G, and metaverse.
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Supermicro is poised to capitalize on the fast-growing $38B AI server market, which is expected to reach $177B by 2032.
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Supermicro stock has surged over 900% in the past year yet still trades at a reasonable valuation of about 8x sales, presenting an ongoing growth opportunity.