AMD and SpaceX are compared because SpaceX owns xAI, and its AI business, which it calls Super Intelligence (SI), now generates most of its revenue. AMD makes GPUs and data center components for AI, while SpaceX is more of an AI application provider through its Grok model and Grok Bots, and Musk said SpaceX will build exclusively on Nvidia. AMD's data center revenue rose 107% to $6.7 billion in Q2, while SpaceX's SI revenue exploded 830% to $7.6 billion. Musk expects SpaceX to generate $500 billion to $1 trillion in revenue next year, mostly from AI, and the author, who considers such projections overoptimistic, favors SpaceX for its better growth.
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