As of the second quarter, Nvidia had 80% of its investment portfolio in two AI stocks: 33% in Space Exploration Technologies (SPCX) and 47% in Intel (INTC). SpaceX reported third-quarter revenue up 161% to $14.6 billion, with AI revenue rising more than 800%, and total annual data center rental commitments from four customers reaching $41 billion. However, the stock trades at 68 times sales, a rich valuation. Intel posted second-quarter revenue up 25% to $16.1 billion and non-GAAP earnings of $0.42 per diluted share, but it still lost CPU market share to AMD and Arm, and its stock trades at 87 times adjusted earnings.
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.87 |
| Change that session | +2.49% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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