Business & Economy · 2 views
Nvidia’s revenue forecast is so huge that Wall Street wonders if SpaceX is the reason
SpaceX plans to spend tons of money on chips and recently announced it will only buy Nvidia’s. But other high-profile companies need more processing power as well.
AI Summary
SpaceX announced that it will spend a large amount on chips, committing to purchase only Nvidia’s products. The company’s sizable planned spend on Nvidia hardware is prompting analysts to consider its impact on Nvidia’s unusually large revenue forecast, while other high‑profile firms are also seeking increased processing power.
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