Over the past 12 months, Palantir's stock has soared more than 170% as Microsoft's stock rose by less than 20%. Let's see why Palantir outperformed Microsoft by such a wide margin -- and if it's still the better AI stock for growth-focused investors.

Artificial intelligence, automation and robotics are disrupting virtually every industry. In recent years, the world has gotten a firsthand look at remarkable advances in AI technology, including OpenAI's ChatGPT AI chatbot,

Palantir Technologies (PLTR) and SoundHound (SOUN) stocks have delivered jaw-dropping returns in 2024. PLTR stock has surged about 242% year-to-date, and SoundHound has outpaced it with a staggering 258% gain.

In recent months, artificial intelligence (AI) stocks have been a focus of stock-split stocks. This began last year, as Amazon and Alphabet initiated splits when pre-split stock prices exceeded $2,000 per share.

Palantir 's (NYSE: PLTR) stock hit a record high of $51.13 on Nov. 5. Its 223% year-to-date rally was driven by its accelerating revenue growth, soaring profits, and its inclusion in the S&P 500. The buying frenzy in AI stocks,