---
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)
---

# 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.

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## Related News & Research

- [AMD's AI-powered revenue forecast fails to wow investors](https://longbridge.com/en/news/294886015.md)
- [Mark Cuban and Michal Burry warn the AI boom is dangerously reliant on Nvidia](https://longbridge.com/en/news/294232031.md)
- [SpaceX clears estimates for first public report, revenue soars 92%](https://longbridge.com/en/news/294865402.md)
- [BUZZ-Street View: SpaceX's AI vision wins praise but spending, lockup concerns linger](https://longbridge.com/en/news/294957196.md)
- [Forget Rockets. This Is The Real Reason Wall Street Can't Stop Buying SpaceX.](https://longbridge.com/en/news/294707489.md)