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Palantir (PLTR) takes on chip shortage with Germany’s Merck

By Joyanta Acharjee

13:56, 8 December 2021

Software code seen on a computer screen
Big data is worth big money – Photo: Shutterstock

Data analytics firm Palantir and German chemicals maker Merck are joining forces to take on the global chip shortage.

Global supply chains have almost ground to a halt due to the Covid-19 pandemic limiting the supply of key electronic components to manufacturers of products as various as household appliances, computer systems and cars.

Germany’s Merck – which is not affiliated to the US pharmaceutical company of the same name – supplies chemicals and materials used in the chip industry to make semiconductors, the foundation material of integrated circuits.

Athinia analytics platform

The two companies are forming a new partnership called Athinia to deliver a collaborative data analytics platform for the semiconductor industry to help improve supply-chain transparency and tackle the global chip shortage.

“The semiconductor industry is facing unprecedented disruption. This has created a critical need for a secure data collaboration platform that can provide the transparency and data intelligence companies need to solve challenges such as chip shortages and supply chain issues,” Merck executive Kai Beckmann said in a press release.


0.63 Price
+0.100% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 22:00 (UTC)
Spread 0.01168


43,735.50 Price
-0.610% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 106.00


2,021.14 Price
+0.070% 1D Chg, %
Long position overnight fee -0.0197%
Short position overnight fee 0.0115%
Overnight fee time 22:00 (UTC)
Spread 0.30


15,918.20 Price
+0.310% 1D Chg, %
Long position overnight fee -0.0263%
Short position overnight fee 0.0041%
Overnight fee time 22:00 (UTC)
Spread 1.8

Athinia – which is powered by Palantir’s data operating system Foundry – will bring semiconductor manufacturers and materials suppliers together to share, aggregate and analyse data to unlock efficiencies.

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No financial details

Financial details of the joint venture between Merck and Palantir were not disclosed.

In pre-market trading, Palantir (PLTR) gained 17 cents to $19.63. For the year to date, the stock is down 17%.

Founded in 2003 by billionaires Peter Thiel and Alex Karp, among others, Palantir describes itself as “engineers on a mission”, focused on creating the world’s best user experience for working with data. Its clients include US government agencies such as the Department of Defense.

Read more: Palantir stock price forecast

Markets in this article

Merck - EUR
143.10 USD
-19.45 -12.030%
Palantir Technologies Inc (Extended Hours)
18.21 USD
-0.06 -0.330%

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The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
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