SpaceX Taps NVIDIA Blackwell Exclusively; NVDA Backs OpenAI, Launches Robotaxi AI
NVDA sits 32% above its 52-week low of $164.07.
Summary
SpaceX has chosen NVIDIA Blackwell chips as the exclusive compute for its AI workloads, a high-profile endorsement that underscores demand for NVIDIA's latest architecture. The company is also arranging a financing guarantee for OpenAI's Ohio data center lease, deepening its strategic ties with a major AI lab and securing long-term processor demand. Separately, NVIDIA launched Alpamayo 2 Super, a frontier model targeting robotaxis and autonomous vehicles, expanding its AI software footprint. Additional developments include supplying Blackwell HGX B200 GPUs to Corvex for liquid-cooled clusters, backing AI cloud startup Volta at a $2.4B valuation, and testing lower-capacity memory for the upcoming Rubin Ultra chip amid supply constraints. These moves follow NVIDIA's record Q1 FY27 revenue of $81.6B and an $80B buyback authorization, reinforcing its aggressive push across hardware, cloud, and autonomous systems.
Updates
· Binance News — Nvidia shares rose 3.4% on the day, bucking a broader tech decline.
· CNBC TV18 — Musk's announcement on SpaceX's earnings call sent Nvidia shares up over 3% and AMD down 7%.
At the time of this announcement, NVDA was trading at $216.52 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.1T. The 52-week trading range was $164.07 to $236.54. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.