Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.

Nvidia stock is currently set to record its first two-week losing streak since April amid fears of an AI bubble.

Nvidia, whose chips are powering much of the world’s move into AI, sank as much as 3.9% during the morning and was on track to be the heaviest weight on Wall Street following its 3.5% fall on Tuesday.

Palantir stands out with its scalable AI impact, unique Ontology platform, and defensible moat. Read why I think PLTR stock is a buy-on-pullback opportunity.