--- title: "SpaceX (SPCX) Could Trigger Another Nvidia GPU Shortage, BNP Paribas Warns" type: "News" locale: "en" url: "https://longbridge.com/en/news/294992752.md" description: "BNP Paribas warns that SpaceX's aggressive AI expansion, aiming to increase computing capacity from 2GW to 10GW by 2027, could trigger another Nvidia GPU shortage. This demand surge, combined with other major tech firms' goals, may exceed Nvidia's supply capabilities, potentially keeping AI computing prices high and favoring companies with strong Nvidia partnerships like CoreWeave and Oracle." datetime: "2026-08-05T16:14:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294992752.md) - [en](https://longbridge.com/en/news/294992752.md) - [zh-HK](https://longbridge.com/zh-HK/news/294992752.md) --- # SpaceX (SPCX) Could Trigger Another Nvidia GPU Shortage, BNP Paribas Warns BNP Paribas analyst Stefan Slowinski says that SpaceX's (SPCX) huge AI expansion could trigger another Nvidia (NVDA) GPU shortage. That could affect cloud providers such as CoreWeave (CRWV), Nebius (NBIS), Microsoft (MSFT), and Oracle (ORCL). SpaceX, the aerospace company led by Elon Musk, plans to increase its AI computing capacity from about 2GW at the end of 2026 to a level closer to 10GW by the end of 2027. ### Claim 55% Off TipRanks High conviction AMZN bears now have this Tradr ETF When SpaceX's plans are added to the spending goals of the rest of the industry, it could put even more pressure on an already tight supply of GPUs. BNP estimates that eight major companies could add more than 30 gigawatts of AI computing capacity during 2027. That group includes Amazon (AMZN), Meta Platforms (META), and Alphabet (GOOGL), along with the other large cloud providers. However, Nvidia may not be able to supply enough chips to meet all that demand. BNP estimates that Nvidia could support about 19 gigawatts of new capacity in 2027 based on current Wall Street revenue forecasts. That would be less than the demand BNP expects from those eight companies. ## **Access to Nvidia Could Become a Major Advantage** Because of that gap, access to Nvidia's newest chips could become a major advantage. Slowinski believes that CoreWeave, Nebius, and Oracle are in a strong position because they have close relationships with Nvidia. Still, there is also a risk that SpaceX receives more chips first as its partnership with Nvidia becomes more important. Meanwhile, the shortage could keep AI computing prices high. SpaceX said memory supply is growing by about 20% per year, while demand for AI computing is rising by more than 200%. If that difference continues, the current supply problem may last well into 2027. Elon Musk also suggested that future Vera Rubin systems could generate between $30 billion and $50 billion of revenue per gigawatt. Although that estimate is still uncertain, SpaceX said that its new AI computing investments can pay for themselves in less than one year. As a result, companies that can keep securing new GPUs may continue to benefit from strong demand and limited supply. ## **Is SPCX Stock a Good Buy?** Turning to Wall Street, analysts have a Moderate Buy consensus rating on SPCX stock based on 23 Buys, six Holds, and two Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average SPCX price target of $232.43 per share implies 103.1% upside potential. 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