AMD shares fall about 8% after Elon Musk indicates SpaceX plans to use Nvidia chips for its computing needs. The reports link the market move to expectations that a major customer commitment could affect demand for AMD’s accelerators, especially as competition for AI hardware remains intense. Both outlets describe AMD’s continuing shift toward AI-related workloads and the broader move by AI-focused companies toward data-center deployments. One account notes that sales to data centers have become a larger part of AMD’s revenue mix, reaching about 58%, reflecting the company’s focus on serving high-demand computing environments. The coverage frames the stock decline as a reaction to Musk’s public comments about hardware choices rather than as a change in AMD’s financial guidance. Overall, the articles present the same sequence: Musk’s statement about SpaceX using Nvidia chips coincides with a sharp one-day drop in AMD shares, while AMD’s results and strategy remain centered on accelerating data-center and AI workload adoption.