---
title: "AMD shares fall 8% as Elon Musk commits to Nvidia chips for SpaceX"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294878080.md"
description: "Sales to data centers grew to 58% of revenue for the company, which has pivoted hard to serving the fastest-growing types of AI workloads."
datetime: "2026-08-04T21:58:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294878080.md)
  - [en](https://longbridge.com/en/news/294878080.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294878080.md)
generator: "portal-rs"
---

# AMD shares fall 8% as Elon Musk commits to Nvidia chips for SpaceX

Sales to data centers grew to 58% of revenue for the company, which has pivoted hard to serving the fastest-growing types of AI workloads.

### Related Stocks

- [AMD.US](https://longbridge.com/en/quote/AMD.US.md)
- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md)
- [NVD.US](https://longbridge.com/en/quote/NVD.US.md)
- [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md)
- [AMUU.US](https://longbridge.com/en/quote/AMUU.US.md)
- [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md)
- [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md)
- [AMDD.US](https://longbridge.com/en/quote/AMDD.US.md)
- [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md)
- [AMDW.US](https://longbridge.com/en/quote/AMDW.US.md)
- [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md)
- [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md)
- [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md)
- [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md)
- [AMDG.US](https://longbridge.com/en/quote/AMDG.US.md)
- [SPCH.US](https://longbridge.com/en/quote/SPCH.US.md)
- [DAMD.US](https://longbridge.com/en/quote/DAMD.US.md)
- [AMDY.US](https://longbridge.com/en/quote/AMDY.US.md)
- [SPCF.US](https://longbridge.com/en/quote/SPCF.US.md)
- [SPAL.US](https://longbridge.com/en/quote/SPAL.US.md)
- [SNK.US](https://longbridge.com/en/quote/SNK.US.md)
- [SSPC.US](https://longbridge.com/en/quote/SSPC.US.md)
- [SPCU.US](https://longbridge.com/en/quote/SPCU.US.md)
- [LOFF.US](https://longbridge.com/en/quote/LOFF.US.md)
- [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md)
- [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md)
- [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md)
- [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md)
- [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md)
- [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md)
- [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md)
- [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md)
- [SMH.US](https://longbridge.com/en/quote/SMH.US.md)
- [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md)
- [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md)
- [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md)
- [XSD.US](https://longbridge.com/en/quote/XSD.US.md)
- [PSI.US](https://longbridge.com/en/quote/PSI.US.md)
- [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md)
- [07388.HK](https://longbridge.com/en/quote/07388.HK.md)
- [07788.HK](https://longbridge.com/en/quote/07788.HK.md)
- [09388.HK](https://longbridge.com/en/quote/09388.HK.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)

## Related News & Research

- [Jensen Huang: Nvidia’s Vera Rubin Platform Turns Electricity Into a $40 Billion Cash Machine](https://longbridge.com/en/news/297688917.md)
- [05:05 ETBybit Teases Industry-First Perp Options, Unlocking 24/7 US Equity Options Trading](https://longbridge.com/en/news/297625259.md)
- ['Nvidia Remains One of Our Top Large-Cap Ideas,' Says 5-Star Analyst](https://longbridge.com/en/news/297664845.md)
- [This $13 Quantum Computing Leader Is Running Nvidia 'Playbook' to Build Its Next Big Business](https://longbridge.com/en/news/297657021.md)
- [Nvidia Just Invested $3.5B in a Major Qualcomm Rival's AI Chips. Here's What Traders Need to Know.](https://longbridge.com/en/news/297658987.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**