Elon Musk companies are gobbling up Nvidia hardware even as Tesla aims to build rival supercomputer
Publishing timestamp: 2024-03-21 09:00:02
Summary
Nvidia CEO Jensen Huang stated that the company was not buying ads on X and had no plans to do so, despite increasing ties with Elon Musk's companies. Nvidia's products are in high demand, with revenue soaring and market cap surpassing $2 trillion. Musk's companies, including Tesla and xAI, heavily rely on Nvidia's technology for their AI projects. Despite some tensions in the past, the relationship between Nvidia and Musk's companies continues to grow.
Sentiment: MIXED
Tickers: NVDA, AAPL, TSLA, ORCL, DIS,
Keywords: venture capital, tesla inc, nvidia corp, apple inc, business news, oracle corp, walt disney co, elon musk, autos, technology, breaking news: technology,