U.S. Stock Market Movement | NVIDIA (NVDA.US) rises over 4% as SpaceX adopts its AI system for satellite computing power.
According to the Zhitu Financial APP, on Wednesday, NVIDIA (NVDA.US) rose over 4%, closing at $220.62. In news from August 4, during a SpaceX investor conference call, CEO Elon Musk announced that the company has decided to exclusively use NVIDIA technology for its AI computing infrastructure. Musk stated that SpaceX believes NVIDIA's Vera Rubin architecture is "the best AI computer available today" and plans to launch the Starmind satellites equipped with NVIDIA Vera Rubin NVL72 rack systems next year, extending AI computing capabilities into near-Earth orbit.
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