Nvidia Just Handed Its 1.3 Million-Part Supply Chain to a Stock Cramer Called Ice Cold

NVIDIA selected Palantir Foundry to manage its 1.3 million-part Vera Rubin rack supply chain, making NVDA the ultimate enterprise reference customer for PLTR.

Palantir posted record Q2 revenue of $1.94 billion, up 93% year over year, yet trades at 240x earnings with a $384 billion market cap.

Jensen Huang called supply chains 'the operating system of the physical economy,' but NVIDIA's endorsement alone won't compress Palantir's lofty multiple.

Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and NVIDIA made the cut. Enter your email to see the other nine names and why NVDA earned its spot. The report is free. Enter your email and see the full list.

On Wednesday morning, NVIDIA ( NASDAQ:NVDA ) shared a secret: it has handed the software running its 1.3 million-part supply chain inside every Vera Rubin rack to Palantir ( NASDAQ:PLTR ). The endorsement lands in an awkward spot for the market. Just two days earlier, on his September 8 broadcast, Jim Cramer described Palantir as "ice cold for the first half of this year" before its recent rebound. The stock is down 6.2% YTD even as NVIDIA has climbed 17.52%.

Palantir shares traded at $167.15 midday Thursday, down 1.41% on the session despite the news, per Barron's coverage of the expanded AI partnership.

Inside the Sovereign AI Supply Chain Deal

The expanded partnership fuses Palantir Foundry and AIP with NVIDIA Nemotron open models grounded in Palantir Ontology. NVIDIA CEO Jensen Huang described the stakes, calling supply chains "the operating system of the physical economy." Palantir CEO Alex Karp said the sovereign stack is "delivering capabilities that exceed the frontier while providing alpha protection qualities unavailable otherwise."

24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now . Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now.

And NVDA made the cut. See who else did.

The report is free, and you can see why we think each stock is a top investment today.

The reference architecture, called SAIOS, runs on hardware from Dell Technologies ( NYSE:DELL ) and Cisco for on-premises deployment; Rackspace and Nebius enable co-lo and cloud options, creating a second-order beneficiary list (we profiled seven of these non-chipmaker AI infrastructure suppliers, from power to networking, in a free report you can grab here).