Nvidia Stock Pops After Hours on SpaceX Chip Expansion News
Nvidia Corp. (NASDAQ: NVDA) climbed over 2% in after-hours trading Tuesday following reports that SpaceX is scaling up its chip procurement to 200,000 units monthly. Traders monitored expanding infrastructure demand alongside broader hardware sector momentum on Wednesday, October 21, 2026.
If hardware scaling accelerates across private aerospace and enterprise data centers, watch because sustained volume commitments underpin near-term semiconductor unit economics and multiple retention.