This Semiconductor Stock Could Be a Better Way to Invest in AI and Satellites Than SpaceX

Key Points SpaceX is planning to increase both its satellite and AI compute capacities by at least tenfold. This chipmaker makes key components for both data centers and satellites. The stock trades at a much more attractive valuation than SpaceX. 10 stocks we like better than STMicroelectronics › Space Exploration Technologies (NASDAQ: SPCX) , better known as SpaceX, is working to upend the AI and communications industries. Not only is the company led by Elon Musk deploying gigawatts of AI servers in its massive data centers, but it also plans to launch orbital data centers as soon as next year. Meanwhile, management is already planning to launch tens of thousands more low earth orbit satellites for its Starlink internet service.