PTX.DE is trading at $115.16 (+4.69%) following a new AI initiative with Nvidia and a key U.S. Army contract win.

  • The company announced a new initiative with Nvidia to run AI and Nemotron open models in sovereign, secure environments for U.S. agencies and critical infrastructure.
  • The U.S. Army selected Palantir Foundry as the cloud data layer for its top modernization program, NGC2.
  • An analyst upgrade by President Capital to 'Buy' with a significantly hiked price target also contributed to bullish sentiment.