The AI Race Is Leaving the Planet
InvestorPlace·- SpaceX and Nvidia are partnering to deploy the first - generation Starmind orbital AI satellite using Nvidia’s Vera Rubin architecture, targeting a 2027 launch window. - The orbital AI systems aim to process satellite data locally for time - sensitive missions like defense and Earth observation, despite space computing currently costing nearly four times as much as Earth - based compute. - This initiative creates a new supply chain and market for space hardware, launch infrastructure, and radiation - tolerant electronics.Nvidia's revenue forecast is so huge that Wall Street wonders if SpaceX is the reason
MarketWatch·- Nvidia projected revenue growth of more than 70 % for the fiscal year ending in January 2028, prompting Wall Street to question if SpaceX is the primary driver behind this forecast. - SpaceX plans to deploy close to 10 gigawatts of computing power by the end of next year and use exclusively Nvidia data-center chips. - Analysts note that while SpaceX's multi-billion dollar commitment is significant, Nvidia's broader demand stems from diverse hyperscalers, sovereign AI efforts, and a cloud-industry backlog exceeding 2 trillion dollars.Garmin Ltd. Stock Underperforms Friday When Compared To Competitors
MarketWatch Automated·