Palantir (NASDAQ: PLTR) has been a popular artificial intelligence (AI) stock pick over the past year. It surged by about 340% in 2024 and recently notched a new all-time high. However, there are other AI stocks that are even more promising.

Artificial intelligence (AI) has been the hottest sector on Wall Street for more than two years. First up is IonQ (NYSE: IONQ). As of this writing, shares of IonQ are up more than 275% over the past 12 months.

The technology sector is projected to experience significant growth in 2025, with worldwide IT spending expected to reach approximately $5.61 trillion, marking a 10% increase from 2024. Key drivers of this growth include substantial investments in artificial intelligence (AI) and cloud services,

Share prices of Microsoft (NASDAQ: MSFT) were down 6% immediately following its fiscal second-quarter earnings report on Jan. 29. The software leader delivered revenue and earnings that topped Wall Street's expectations,