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Nvidia Stock Soars on Exclusive Partnership with SpaceX

Guavy AI Editorial Team
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JPM NVDA
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Nvidia's stock rose by 3.5% in the morning session after SpaceX announced it would exclusively use Nvidia's hardware for its future artificial intelligence infrastructure.

This includes the ambitious new Starmind orbital compute program, and CEO Elon Musk confirmed the strategic partnership during the company's first earnings call as a public entity.

Nvidia's Vera Rubin architecture was praised by Musk as the best available hardware for complex AI workloads, solidifying Nvidia's position in the market.

JPMorgan noted that SpaceX is expected to absorb a 'very significant percentage' of Nvidia's total GPU shipments in 2027, further signaling sustained demand across Nvidia's supply chain.

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