SpaceX struggles to find Nvidia, Google or Amazon chips despite spending
FROM THE WIRE · FINANCE.YAHOO.COM
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On Tuesday, Futurum Equities chief market strategist Shay Boloor highlighted comments from Elon Musk during Space Exploration Technologies Corp.'s third-quarter earnings call…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong AI compute demand supports expectations for chip and cloud providers.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Elon Musk said the shortage of AI computing capacity will persist for years.
- 02SpaceX's short-term compute contracts are renewing at higher prices.
- 03Musk said hyperscalers and smaller companies keep asking to rent more compute.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA Corporation212.21 USDMarket closedtoday -4.40%Positive Alphabet Inc.324.22 USDMarket closedtoday -3.15%Positive Amazon.com, Inc.250.38 USDMarket closedtoday -4.57%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets