Reports say Elon Musk is building an AI device to replace the phone, which would be good news for chip and connectivity companies like Marvell and Nvidia.

• Musk denies SpaceX showed investors a phone prototype, but he has a habit of calling stories "fake news" that later turn out true.
• The idea: a slim device with no apps and no operating system that uses AI to generate whatever screen you need on the fly, connected through Starlink satellites.
• SpaceX plans to sell Starlink phone service directly to US consumers, which could shake up the big phone carriers — but normal phones need new chips first, likely two years out.
• This points to "disaggregated AI," where computing gets spread across your device, cell towers, and data centers, needing far more connectivity hardware.
• Marvell and Nvidia are pitched as the winners here, building the base-station chips and links that tie it all together; the pitch is openly a stock promotion.

Outlook: Upgraded satellite-ready phones are expected in about two years, with the full app-free AI device a longer bet several years out.