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hedge fundThe Motley Fool
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78% Informative
Ken Griffin sold 91% of his hedge fund's Palantir common shares during the September-ended quarter .
Shares of cloud data-mining specialist Palantar Technologies ( NYSE : PLTR ) have skyrocketed by 791% on a trailing- two-year basis.
As of the closing bell on Nov. 22 , shares of the company were valued at more than 42 times Wall Street's consensus sales forecast for 2025 .
Nvidia 's hardware is the preferred option as the brains that power split- second decision-making for high-compute data centers.
Nvidia 's pricing power and gross margin are undeniably benefiting from enterprise demand swamping supply.
No other company appears to be particularly close to challenging the computing capabilities of Nvidia 's GPUs.
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