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Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project - TL;DR CNBC

Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project

Publishing timestamp: 2024-06-20 11:00:37


Summary

Shares of Dell Technologies and Super Micro Computer jumped after Elon Musk revealed they will provide servers for his AI startup xAI to develop supercomputer. Dell is assembling half of the racks for the supercomputer, while Super Micro will also be involved. Musk's technology could potentially help Tesla develop computer vision and large language models for robots and autonomous vehicles.


Sentiment: POSITIVE

Tickers: SMCIMSFTDELLNVDAGOOGL

Keywords: nvidia corpmicrosoft corpbusiness newsdell technologies incinvestment strategybreaking news: businessbreaking news: marketsmarketsbreaking news: investingstock marketssuper micro computer incwall street

Source: https://www.cnbc.com/2024/06/20/super-micro-dell-shares-jump-as-elon-musk-calls-them-suppliers-to-xai-supercomputer-project.html


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