Palantir (PLTR) Stock: Nvidia Partnership Drives Recovery Toward $188 Resistance

TLDR

• Palantir partners with Nvidia and CenterPoint Energy to launch Chain Reaction platform for AI data center development
• Software uses AI to coordinate permitting, supply chains, and construction for electricity-intensive projects
• PLTR stock climbed from $155 support to test $188 resistance after partnership announcement
• Technical setup shows reclaimed moving averages and rising channel pattern supporting further upside
• Deal embeds Palantir technology into core enterprise AI infrastructure across multiple industries

Palantir Technologies launched a partnership with Nvidia and CenterPoint Energy to address AI data center construction challenges. The announcement pushed shares higher as investors bet on deeper enterprise market penetration.

The three companies introduced Chain Reaction on Thursday. The platform coordinates permitting, supply chain management, and construction schedules for data centers that require massive electrical capacity. AI tools built into the system help detect and resolve bottlenecks across complex workflows.

Palantir Technologies Inc., PLTR

Chain Reaction expands on previous Palantir-Nvidia collaboration focused on retail logistics. The new system handles coordination across chipmakers like Taiwan Semiconductor, utility companies managing grid upgrades, and data center developers racing to meet AI infrastructure demand.

The software targets a specific pain point. Information doesn’t always exist in structured databases. Email exchanges between procurement teams and suppliers might reveal delays that AI can flag and address before they cascade across projects.

Technical Breakout Shifts Momentum

PLTR shares bounced from $155 after breaking through a descending trendline that had capped rallies for weeks. The stock now trades within a rising channel, reclaiming the 20-day, 50-day, 100-day, and 200-day exponential moving averages.

Support clusters between $166 and $174. The 200-day EMA sits at $166, a level that has historically determined trend direction for Palantir. Holding above this zone keeps bulls in control.

RSI readings climbed from oversold levels into the upper 50s, indicating sustained buying interest without overheated conditions. The stock now tests $182-$188, a resistance zone that rejected previous breakout attempts.

A clean break above $188 opens the door to $200, with potential extension toward $215 if momentum accelerates. Failure at resistance would likely pull price back to $170-$174 channel support.

Enterprise AI Integration Deepens

The Nvidia partnership positions Palantir inside the operational backbone of industries deploying AI at scale. Defense, healthcare, manufacturing, logistics, energy, and finance sectors increasingly depend on workflow automation and real-time predictive systems.

This marks a shift for Palantir. The company has historically traded on growth narratives rather than earnings consistency. The Nvidia collaboration creates a scalable path where Palantir’s platform becomes essential infrastructure rather than optional tooling.

“Whether you’re talking about the energy company, the data center developer, the data center operator, the grid operator, the generation company, everyone’s delays kind of compound on each other,” said Tristan Gruska, Palantir’s head of energy infrastructure.

Next Price Targets

The $188 level remains the key hurdle. Breaking through confirms bullish structure and targets $200-$215. Rejection risks a retest of $174 or the 200-day EMA at $166.

The current rally differs from past momentum spikes. Technical structure appears stronger, backed by partnership announcements that expand Palantir’s commercial footprint. The combination of reclaimed moving averages and strategic positioning gives this move more substance than narrative-driven rallies that faded quickly in prior cycles.

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