Nvidia: SpaceX Offers An Ignored Bonus

What happened: A Seeking Alpha analyst argues that Nvidia Corporation stands to gain a large bonus from SpaceX's AI data center plans, calling it a significant growth catalyst. Key numbers: SpaceX aims for 10 GW of AI compute in 2027 and could spend $400+ billion on NVDA chips. BoA forecasts AI data center infrastructure spend reaching $3 trillion by 2030. Why it matters: The analyst says the stock does not reflect sustainable growth prospects fueled by SpaceX's commitments, and views the BoA forecast as a sign the AI race is still in the early innings.

A Seeking Alpha analyst argues that Nvidia Corporation stands to gain a large bonus from SpaceX's AI data center plans, calling it a significant growth catalyst.

The analyst says the stock does not reflect sustainable growth prospects fueled by SpaceX's commitments, and views the BoA forecast as a sign the AI race is still in the early innings.