Forget Palantir Stock at $140 per Share. Buy This Artificial Intelligence (AI) Chip ETF Instead.

Despite strong earnings with 85% revenue growth and 306% net income increase, Palantir's stock dropped 7% due to its extremely high valuation multiples (P/E of 180, forward P/E of 110). The article recommends the VanEck Semiconductor ETF (SMH) as a less risky alternative for AI exposure, citing its 76% year-to-date return, diversified portfolio of 25 chipmakers, and lower P/E ratio of 49.