Both Palantir and SoundHound AI boast strong sales and healthy financials that have contributed to their triple-digit percentage share price gains over the past year. Palantir's revenue grew by 30% year over year in the third quarter,

Shares of ServiceNow have gained more than 4,000% since the company went public, and the stock is now hovering near an all-time high.

In this video, I talk about one of the best semiconductor stocks to own, ASML (NASDAQ: ASML), and why now might be the best time to buy shares. Watch the short video to learn more, consider subscribing,

The rapid expansion of the artificial intelligence (AI) market is generating strong tailwinds for many chipmakers. Nvidia, the leading producer of high-end data center GPUs, has probably been the biggest winner. Its stock has soared by about 2,470% over the past five years.

This top-performing ETF's largest three stock holdings are Nvidia, Taiwan Semiconductor Manufacturing, and Broadcom.

With some of the biggest AI players going all-in on this technology, it might make existing AI powerhouses, like Palantir (NASDAQ: PLTR), a bit nervous. Palantir emerged as one of the best pure-play AI investments in 2024.