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C3.ai, Palantir, AMD, and Other AI Stocks Rally on Nvidia's Earnings

Posted on AllSides May 25th, 2023
From The Center

Nvidia ‘s earnings forecast for the second quarter pushed shares of other chip makers and artificial intelligence-exposed companies higher early Thursday morning. C3.ai (ticker: AI) stock climbed close to 14% in premarket trading, Palantir Technologies (PLTR) rose 9.5%, and Arista Networks (ANET) pointed 5% higher. Shares in Microsoft (MSFT) and Alphabet (GOOGL) were up around 2% and 3% respectively. The forecast also boosted shares of rival semiconductor companies that also have exposure to AI. Advanced Micro Devices (AMD) rose 9% and Micron Technology (MU) was up around 4%. While Nvidia...

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https://barrons.com/articles/c3ai-palantir-amd-microsoft-alphabet-nvidia-ai-stocks-7ea1cdcf

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