Artificial intelligence (AI) has been the driving force behind the stock market's gains since the release of ChatGPT in November 2022. Few companies have benefited more from the advancements and excitement around generative AI than Palantir Technologies (NASDAQ: PLTR).

Nvidia shareholders have been on a rollercoaster this year. The stock peaked at $153.13 early in 2025, before dropping to a 52-week low of $86.62 in April. The announced pause in U.S.-China tariffs and the first-quarter results have the share price back up to near $142.

While all eyes are on Nvidia's upcoming results to gauge the health of AI adoption, another company is set to release its results on the same day. This company is smaller than Nvidia, but it is on track to benefit from a major AI-related opportunity.