Market News / Story
Key facts: NVIDIA (NVDA) $96B Qtr; SpaceX GPU Demand; $1B R&D Pledge
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NVIDIA (NVDA) posted ~$96B quarterly revenue, +106% YoY; data-center sales ~ $89B driven by higher AI infrastructure spending from hyperscalers. SpaceX plans to boost AI datacenter power from 1.4 GW to 15 GW by end‑2027 and is seeking NVIDIA chips to meet that demand, signaling potential large GPU orders for NVDA. NVIDIA (NVDA) pledges $1B over five years for U.S. R&D, funding AI, quantum computing, healthcare, energy, university and national-lab partnerships, and cloud…