Nvidia Stock Rises in Wednesday Premarket as Elon Musk Says SpaceX Is Adding 200,000 Chips a Month — Daniel Newman Says NVDA Is 'Ripping' (UPDATED)
Nvidia rose more than 2% after hours on news that Elon Musk expects SpaceX to bring thousands of Nvidia chips online every month this year.
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Why It Matters
SpaceX plans to use thousands of Nvidia chips monthly. More customers buying lots of chips is good news for Nvidia.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.