Wedbush Securities analyst Dan Ives predicts Palantir Technologies Inc. PLTR could emerge as a dominant force in the artificial intelligence software landscape, comparing it to industry giants Oracle Corp. ORCL and Salesforce Inc. CRM.
What Happened: In a CNBC interview on Tuesday, Ives highlighted the multiplier effect of AI infrastructure spending, noting that “for every dollar spent on Nvidia chip, there’s an 8 to $10 multiplier across tech, across the ecosystem software.” He…
