SpaceX’s Nvidia deal could be bad news for neoclouds like CoreWeave and Nebius, analysts say

The deal between SpaceX and Nvidia is positioning SpaceX to gain preferential access to Nvidia's scarce chip supply, which could leave competitors like CoreWeave and Nebius at a disadvantage. Analysts from Bernstein suggest this partnership might shift the competitive landscape in the rapidly growing cloud computing sector, where access to advanced hardware is crucial. This move could signal a significant shift in market dynamics, potentially pushing smaller players to seek alternative resources or partnerships to keep up.