Published on 28 May 2024 on Benzinga
Several chip stocks are in the spotlight Tuesday after NVIDIA Corp NVDA shares popped on reports that Elon Musk’s xAI plans to build a supercomputer that will power its Grok AI chatbot.
What To Know: According to a weekend report from the Information citing a presentation to investors, Musk aims to build a massive supercomputer powered by Nvidia chips and get it running by the fall of 2025.