Scott Galloway Says Tesla, Nvidia, Broadcom Could Get Caught In The Crossfire Of The Space X IPO - Yahoo Finance

NYU professor Scott Galloway warns that a wave of upcoming AI IPOs could trigger significant market volatility, potentially leading to a 60-80% drop in valuations for one or more of the new listings. ... Read original →

The wave of AI-linked IPOs led by SpaceX isn't merely a capital-raising event—it’s a catalyst for restructuring the semiconductor and compute infrastructure stack. Technically, massive capital inflows into new AI firms will accelerate demand for custom AI ASICs, eroding NVIDIA’s GPU pricing power and pushing Broadcom and Marvell to dominate DPU and optical interconnect niches. On compliance, tightening U.S. export controls on advanced process equipment may force newly public firms to reconfigure supply chains, amplifying order volatility for foundries in Taiwan, China. Strategically, Tesla may decouple from the AI hype to stabilize its valuation, while Cisco and Alphabet double down on private AI infrastructure to retain technical leverage. Over the next 12–24 months, despite short-term valuation corrections, only vertically integrated players capable of closing the training-inference-deployment loop will capture lasting value as speculative froth recedes.