Elon Musk addresses memory-chip stock concerns with one simple observation

Elon Musk’s remarks during the SpaceX earnings call may alleviate some of the concerns about the sustainability of AI capex and the distant threat of oversupply for semiconductor stocks.

Elon Musk says SpaceX is going all in on Nvidia's GPUs. Bloomberg/Getty Images Elon Musk said that SpaceX will only buy GPUs from Nvidia. "We think it's the best AI computer," Musk said. Musk and SpaceX have received those compliments from Jensen Huang in return. SpaceX says it's ready to be a one-chip supplier compa

AMD Shares Fall 8% as Elon Musk Commits to Nvidia Chips for SpaceX  wsj.com