Palantir Technologies (PLTR) on Thursday announced a partnership with the Nuclear Company to codevelop an artificial intelligence-based, software system targeting the nuclear plant construction. Palantir stock gained on the news.
Demand for nuclear energy has surged, driven by the build out of AI-centric data centers by technology companies. The South Carolina-based Nuclear Co. is attempting to streamline the construction process for traditional nuclear power plant designs. Palantir said its software will enable the start up to “build plants faster and for less.”
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In May, President Donald Trump signed a series of executive orders accelerating permitting and licensing timelines, supporting nuclear fuel cycle infrastructure and other factors aimed at jump starting a build out of U.S. nuclear power generation capability. China leads the U.S. in nuclear plant capacity, noted Palantir in a news release.
On the stock market today, Palantir stock rose 1.2% to 144.68 in early trading.
Palantir Stock: Big 2025 Gain
Palantir stock has gained nearly 89% in 2025 amid views that the company seems poised to win more U.S. government business under the Trump administration.
Also, retail investor enthusiasm for generative artificial intelligence plays has lifted Palantir stock, although commercial-related revenue has yet to ramp up.
Palantir stock touched a new all-time high of 147.67, before pulling back to a narrow loss on Wednesday.
Further, Palantir stock advanced 340% in 2024, with much of the gain coming after Donald Trump’s Presidential election win.
The Denver-based company offers three platforms. One is Palantir Gotham, used primarily by government agencies. There’s Palantir Metropolis for banks, financial services firms and hedge funds. And Palantir Foundry is used by corporate clients.
The nuclear plant construction software will be built on Palantir’s Foundry platform.
PLTR Stock Technical Analysis
Meanwhile, Palantir’s Relative Strength Rating stands at 99 out of a best-possible 99.
PLTR stock holds an Accumulation/Distribution Rating of B-plus. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.
Also, Palantir stock holds a Composite Rating of 99 out of a best-possible 99, according to IBD Stock Checkup. IBD’s Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.
Palantir stock has a 21-day ATR of 4.64%. The average true range is a metric available on IBD’s MarketSurge that gauges the characteristic breadth of a stock’s behavior. Stocks that tend to make large jumps or dives in daily action, the kind that can trigger sell rules and shake investors out of a stock, have a high ATR. Stocks that tend to make more incremental moves have lower ATRs.
IBD suggests stocks with ATRs of up to 8%.
Follow Reinhardt Krause on Twitter @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing.
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