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: SMCI, MSFT, DELL, NVDA, GOOGL,
Keywords: nvidia corp, microsoft corp, business news, dell technologies inc, investment strategy, breaking news: business, breaking news: markets, markets, breaking news: investing, stock markets, super micro computer inc, wall street,