Nvidia Stock Rises 2.2% as SpaceX Commits to Its Chips

Nvidia , the AI chip giant powering much of the world's data-center boom, gained about 2.2% in Friday's regular session after investors cheered SpaceX's decision to build its AI platform exclusively around Nvidia hardware. Elon Musk said SpaceX expects to secure a significant share of Nvidia's GPU supply next year, immediately putting the spotlight on what could become one of Nvidia's largest AI infrastructure customers. While neither company disclosed the value or size of the deal, the message was clear: Nvidia remains the chipmaker everyone wants when building AI at scale.

The numbers show why this matters. SpaceX poured roughly $15.83 billion into AI infrastructure last quarter while generating $2.56 billion in AI revenue and expanding installed computing capacity to around 1.4 gigawatts, with even more capacity on the way. Not every dollar of that spending will land in Nvidia's pocket because AI campuses also require networking gear, power systems, cooling equipment and construction. Still, winning exclusive GPU supplier status gives Nvidia a front-row seat as one of the industry's most aggressive AI builders continues spending.

The GF Score chart only strengthens the bull case. Nvidia posts an outstanding GF Score of 95 out of 100, backed by elite profitability, explosive growth and rock-solid financial strength, all signs of a business still firing on nearly every cylinder. The only soft spot is GF Value, which suggests investors are already paying a hefty premium for that quality. That means execution matters more than ever. If SpaceX's AI expansion turns into a steady stream of GPU orders instead of a one-off deployment, Nvidia could reinforce its grip on the AI infrastructure race and give investors another reason to stay bullish despite the stock's premium valuation.