AI Stocks Stumble: Palantir, Snowflake, and Nvidia Analysis Reveals Staying Power
Investors in San Francisco, California have been witnessing a recent dip in artificial intelligence (AI) stocks, raising questions about the future of this sector. Despite the downturn, there is optimism among some experts regarding companies like Palantir Technologies, Snowflake, and Nvidia. Palantir Technologies, based in Denver, Colorado, has managed to secure lucrative government contracts, including a recent $9.8 million deal with the U.S. Defense Information Systems Agency and a $178 million contract with the Army. …