News Score: Score the News, Sort the News, Rewrite the Headlines

Elon Musk confirms reallocating thousands of Nvidia AI chips from Tesla

By Mike Murphy CEO estimates Tesla will buy $3 billion to $4 billion in Nvidia chips this year Tesla Inc. Chief Executive Elon Musk confirmed Tuesday that he diverted thousands of Nvidia Corp. AI chips away from the EV maker. Citing emails and memos from Nvidia (NVDA), CNBC had reported earlier in the day that Musk had redirected about 12,000 Nvidia H100 graphics processing units originally shipped to Tesla (TSLA) to two of his other companies, X and xAI. In a post on X, formerly Twitter, Musk c...

Read more at morningstar.com

© News Score  score the news, sort the news, rewrite the headlines