Nvidia Soars on AI Chips as Palantir Expands and AMD Challenges
- Palantir is expanding into commercial sector while maintaining government defense contracts
- Nvidia dominates generative AI chip market with over 85% market share
- Nvidia sales and profits grew over 200% and 500% respectively in latest quarter
- AMD launching new AI and machine learning chips to compete with Nvidia
- AMD expected to see strong growth in earnings, with analysts projecting 18% more upside