Forecast: AMD and ASML to Surpass Palantir in Market Value Within One Year

Reported 12 days ago

Palantir Technologies has seen a massive stock increase, delivering incredible returns for investors, yet its current P/E ratio is alarmingly high at around 600, indicating that much of the anticipated growth is already priced in. Meanwhile, AMD and ASML, both benefiting from increasing demand due to advancements in artificial intelligence, are expected to catch up and potentially surpass Palantir's market cap of $426 billion within the next year, as their valuations appear much more reasonable and growth prospects solid.

Source: YAHOO

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