Elon Musk announced during SpaceX’s first public earnings call that the company will exclusively use Nvidia AI systems, including the Vera Rubin NVL72 rack-scale system, both on the ground and in space. This exclusive partnership means SpaceX will secure a substantial percentage of Nvidia’s GPUs for the upcoming year. Nvidia shares rose over 4% following the announcement, while rival chipmakers AMD and Intel saw selling pressure on their stocks. Markets are now watching Nvidia’s market cap, which could surpass that of Apple and Microsoft to become the largest in the world.
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