Nvidia Stock Soars on Positive Updates from Palantir and Teradyne

Rowan Ashford

Published: February 4, 2026 6:04 AM ET

Nvidia Stock Soars on Positive Updates from Palantir and Teradyne

Nvidia, a leader in artificial intelligence (AI) technology, is experiencing a significant boost in stock performance. Positive quarterly results from key partners Palantir Technologies and Teradyne have had a favorable impact on Nvidia’s projections. The company is set to release its earnings report for the fourth quarter and full fiscal year 2026 on February 25, 2023.

Nvidia and the AI Market

Nvidia dominates the AI chip market, making it a central player in the ongoing AI revolution. As major companies in the AI sector report growing demand, Nvidia’s position strengthens, given that many of these firms rely on its products.

Palantir Technologies’ Impressive Performance

Palantir is an AI data analytics company that partners with Nvidia. Recently, it reported a remarkable 70% year-over-year revenue increase, achieving $1.41 billion in the fourth quarter. Key highlights include:

U.S. commercial revenue rose 137% to $507 million.
U.S. government revenue increased by 66% to $570 million.
Adjusted earnings per share (EPS) surged by 79% to $0.25.

Palantir’s strong performance exceeded Wall Street predictions, leading to a 6.8% stock increase on Tuesday.

Teradyne’s Strong Demand

Teradyne specializes in testing equipment for semiconductors, benefiting from a growing need for AI-related chips. In its latest quarter, Teradyne reported a 44% increase in revenue, reaching $1.08 billion. Key numbers include:

Adjusted EPS jumped 89% year over year to $1.80, surpassing the anticipated $1.38.
The company anticipates continued growth across all its business segments in 2026.

Teradyne’s stock rose 13.4% in response to these results.