AMD Reveals $565 Million SpaceX Stake as Nvidia Keeps Exclusive AI Chip Role
Updated
Updated · 24/7 Wall St. · Aug 15
AMD Reveals $565 Million SpaceX Stake as Nvidia Keeps Exclusive AI Chip Role
3 articles · Updated · 24/7 Wall St. · Aug 15
Summary
AMD disclosed about 3.3 million SpaceX Class A shares worth more than $565 million in new 13F filings, giving investors a first clear look at its post-IPO exposure.
Elon Musk said on SpaceX's Aug. 4 earnings call that the company will build its AI infrastructure exclusively on Nvidia chips, making AMD's holding a financial bet rather than a route to chip sales.
SpaceX's appeal lies in broader growth: Starlink subscribers climbed from 2.3 million at end-2023 to 8.9 million at end-2025 and have since passed 12 million, alongside expansion in launches and satellite manufacturing.
For AMD, the stake is small against an roughly $840 billion market value and does little to change the main equity story, which rests on record $11.5 billion quarterly revenue and 107% data-center growth.