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Elon Musk's Chip Demand Strains Nvidia Amidst AI Development Boom

2 hours ago

Elon Musk's Chip Demand Strains Nvidia Amidst AI Development Boom
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7 Highlights

  • Elon Musk's xAI needs 100,000 Nvidia chips, straining supply chains.
  • xAI funding includes $5B from Middle East sovereign funds.
    • Nvidia reports a 94% year-over-year revenue increase.
    • Nvidia shares have surged by 173% within the past year.
    • Tesla's Full Self-Driving tech uses Nvidia's chips.
    • Musk could influence US AI regulation under Trump's term.
    • Jensen Huang praises Musk's engineering accomplishments.
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