Palantir Hits $132.55 as Nvidia Sovereign AI Deal Draws Insider Sale Scrutiny

Palantir shares advanced to $132.55, up 2.51%, extending an 18% rally since the June 29 Nvidia partnership announcement. The collaboration integrates Nvidia Blackwell Ultra GPUs and Nemotron models with Palantir’s AIP, Foundry, Ontology and Apollo platforms to deliver secure, air-gapped AI for U.S. government agencies. Palantir reported 85% Q1 revenue growth to $1.63 billion and raised full-year guidance to imply 71% expansion, while analysts highlight a $177 billion sovereign AI opportunity by 2035. However, the latest reports flag $15.6 billion in combined insider selling across Nvidia, Palantir and Meta over three years, injecting caution into the AI trade.