Reported about 9 hours ago
UBS has evaluated two prominent AI stocks, Palantir and Advanced Micro Devices (AMD), following their latest earnings reports amidst a booming AI sector projected to reach $294 billion this year. Palantir demonstrated impressive growth with a 48% year-over-year revenue increase, while AMD also reported strong financial results driven by its data center and gaming segments. Despite Palantir's robust earnings, analysts express caution on its high valuation, recommending a Neutral rating. Conversely, AMD received a Buy rating with a promising outlook as it expands its market share and diversifies its AI offerings.
Source: YAHOO