SpaceX Seeks NVIDIA Chips for 15 GW AI Datacenter Buildout
NVDA sits 40% above its 52-week low of $164.27.
Summary
SpaceX plans to expand AI datacenter power from 1.4 GW to 15 GW by end-2027 and is seeking NVIDIA chips, signaling a potentially large GPU order pipeline. NVIDIA also pledged $1B over five years for U.S. R&D across AI, quantum, healthcare, and energy. The company is backing Australian operator Firmus, which shelved its A$5–5.5B IPO and will pursue private funding. NVIDIA trades below 20x next-year earnings with analysts expecting ~70% EPS growth. This follows Q2 FY27 revenue of $96.2B and a $105B Ohio AI campus guarantee disclosed in August.
At the time of this announcement, NVDA was trading at $230.74 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.6T. The 52-week trading range was $164.27 to $243.37. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.