SpaceX-Nvidia chip deal could push neoclouds like CoreWeave to the back of the queue

Analysts at Bernstein warn that SpaceX's deal with Nvidia could see SpaceX bumped to "the front of the line" for Nvidia's limited AI chip supply, at the expense of neoclouds such as CoreWeave and Nebius. The arrangement could significantly disrupt chip allocation for companies dependent on Nvidia's scarce hardware.