Nvidia stock pops after hours as Musk says… | UCapital News
📈 Nvidia stock surged over 2% in after-hours trading following Elon Musk's comments on SpaceX chip adoption.
🚀 SpaceX plans to deploy roughly 200,000 Nvidia GB300 chips per month through year-end.
⚡ Musk projects an incremental 10 gigawatts of compute capacity for SpaceX by 2027.
💻 The news confirms strong demand for Nvidia's latest high-performance GPU architectures.
🤝 Major aerospace client SpaceX validates Nvidia's critical role in AI infrastructure scaling.
Bullish Signals
- Nvidia stock gained more than 2% in after-hours trading on Tuesday driven by positive news regarding a major new customer.
- Elon Musk confirmed that SpaceX expects to bring approximately 200,000 Nvidia GB300 chips online every month through the end of the year.
- The deployment volume from SpaceX represents a significant incremental revenue driver for Nvidia's data center business.
- Musk's projection of an additional 10 gigawatts of compute capacity by 2027 signals long-term growth in high-performance computing demand.
Full Analysis
Nvidia Corporation (NASDAQ:NVDA) shares rose more than 2% in after-hours trading on Tuesday following comments from SpaceX CEO Elon Musk regarding the deployment of Nvidia chips. The news highlights a significant increase in demand for Nvidia's high-performance computing hardware as SpaceX prepares to integrate thousands of new units into its operations.
According to reports, Musk expects SpaceX to bring approximately 200,000 Nvidia GB300 chips online every month through the end of the year. This substantial volume represents a major incremental driver for Nvidia's data center segment, reinforcing the company's position as a critical supplier for advanced artificial intelligence and high-performance computing infrastructure.
Looking further ahead, Musk indicated that SpaceX anticipates an additional 10 gigawatts of compute capacity by 2027. This long-term projection underscores the sustained growth trajectory of Nvidia's GPU market share and validates the strategic importance of its latest chip architectures to major enterprise and aerospace clients.