Elon Musk's SPCX Now Accounts for 5% of Nvidia Revenue, Gene Munster Says: 'The Script Has Flipped'
SpaceX now accounts for 5% of Nvidia's revenue, up from 3%, with Deepwater Asset Management’s Gene Munster estimating $4.8B in sales.
SpaceX is buying more computer chips from Nvidia than before—now 5% instead of 3% of Nvidia's total sales. When one customer becomes a bigger part of a company's business, watch whether that company stays healthy if that customer changes their plans.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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