Is SpaceX About to Hand Nvidia a $40 Billion Payday? Here's What it Could Mean for Investors.
SpaceX has big plans that will double its current compute capacity. That bodes well for both companies.
Overview
Two of the biggest megatrends gripping Wall Street and Main Street alike are the space economy and the rise of artificial intelligence (AI). Developments in each of these dynamic fields are changing investor perceptions about what is possible and mark paradigm shifts in technology.
Space Exploration Technologies (NASDAQ:SPCX), aka SpaceX, is one of the most intriguing names in space stocks, and Nvidia (NASDAQ:NVDA) gets the nod for enabling the expansion of AI thanks to advances in its graphics processing units (GPUs).
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Originally published at www.fool.com.
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