Play Foxconn-Led Global Chip Stock Surge With These ETFs [Yahoo! Finance]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Yahoo! Finance
U.S. stocks rallied on Monday, buoyed by gains in the technology sector and optimism surrounding chipmakers. Semiconductor stocks soared after Foxconn, a key NVIDIA NVDA server partner, reported record fourth-quarter revenues and a robust sales forecast, reinforcing optimism on AI-driven growth. NVIDIA shares climbed about 3.4%, bolstered by the Foxconn announcement and CEO Jensen Huang's keynote at the CES tech conference, where updates on the Blackwell chip were revealed (read: Palantir vs. NVIDIA ETFs: Better AI Plays for 2025?). Keynotes outlined the company's AI ambitions for both consumer and enterprise users in the year ahead. Huang introduced several new software technologies designed to train humanoid robots and power a wide range of AI applications. Meanwhile, Micron Technology MU stock surged almost 10.5%, leading gains in the semiconductor sector. AMD shares rose over 3%, benefiting from the sector-wide rally. Qualcomm QCOM and Broadcom AVGO climbed approximately 1.
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PLTR
Earnings
- 11/4/24 - Beat
PLTR
Sec Filings
- 1/7/25 - Form 144
- 1/6/25 - Form 4
- 1/6/25 - Form 4
- PLTR's page on the SEC website