Lead-EntwicklungFACT · 4/5••Via CNBC Investing
SpaceX Earnings Weigh on Stock; Nvidia Gains
SpaceX shares fell after the company reported second-quarter results and disclosed $18.4 billion in Q2 capital expenditures, which exceeded estimates. Nvidia shares rose more than 3% after Elon Musk said Nvidia would be SpaceX’s “exclusive” chipmaking partner for its AI infrastructure buildout. Analysts highlighted the potential scale of Nvidia demand if SpaceX’s comments are realized, with estimates discussing multi-gigawatt add-ons and large potential revenue for Nvidia in 2027. AMD also fell after reporting higher capex of $808 million in Q2. The market reaction reflects investor concern about hyperscalers' AI spending while chipmakers are rewarded for increased demand expectations.
- •SpaceX reported second-quarter results that included $18.4 billion in capital expenditures for the quarter.
- •SpaceX shares fell more than 7% after the earnings and capex disclosure.
- •Nvidia shares gained more than 3% after Elon Musk said Nvidia would be SpaceX’s "exclusive" chipmaking partner for its AI infrastructure buildout.