Artificial intelligence (AI) has rapidly evolved into a crucial component of modern technology, pivotal in propelling the tech sector’s gains. AI is now an indispensable element of information technology (IT). Its functionalities have been applied in diverse ways, improving IT processes, enhancing communication, and delivering better data analysis. One stock reaping the benefits of increased AI demand is Palantir Technologies Inc. (PLTR), which has surged 168% over the past 52 weeks. A recent catalyst that sparked the stock’s upward trajectory was the news that Palantir outperformed rivals to …