SpaceX Chooses Nvidia GPUs, Boosting NVDA Stock on AI Expansion
TL;DR
Nvidia shares rose about 2.2% after SpaceX said it will build its AI platform exclusively on Nvidia GPUs, signaling a major ongoing customer for Nvidia’s chips and underscoring Nvidia’s central role in AI infrastructure as SpaceX expands its AI capacity. The deal size wasn’t disclosed, but SpaceX aims to secure a large portion of Nvidia’s GPU supply next year, which could translate into sustained GPU orders and a lifting of Nvidia’s market position.
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- SpaceX’s Nvidia deal could be bad news for neoclouds like CoreWeave and Nebius, analysts say MarketWatch
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