Investors May Turn to These Two Artificial Intelligence Stocks Instead of SpaceX

An analysis by The Motley Fool analysts highlighted that SpaceX shares, which debuted on the stock market in June with a record IPO, have lost 16 percent of their value since trading began, and have made capital expenditures exceeding 19 billion dollars against 14 billion dollars in revenue. In light of this situation, Advanced Micro Devices (AMD) and Palantir Technologies (PLTR) shares, which stand out in the field of artificial intelligence, are being examined as alternatives.

Advanced Micro Devices continues its growth in the chip market with its advancements in the graphics processing unit (GPU) field. While the company recently broke sales records in AMD Instinct GPUs and AMD EPYC CPUs, its total data center revenue increased by 97 percent to reach 8.5 billion dollars. The need for both CPU and GPU components in the era of artificial intelligence agents is cited among the factors supporting AMD's growth potential.

On the Palantir Technologies side, commercial customer revenues surpassed government revenues for the first time. In the third quarter, revenue from U.S. commercial customers increased by 148 percent to 984 million dollars, while revenue generated from the U.S. government realized at the level of 953 million dollars with a 96 percent increase.