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Market Chatter: Elon Musk Ordered Nvidia to Ship AI Chips Intended for Tesla to X, xAI
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Market Chatter: Elon Musk Ordered Nvidia to Ship AI Chips Intended for Tesla to X, xAI
Jun 4, 2024 6:49 AM

09:23 AM EDT, 06/04/2024 (MT Newswires) -- Tesla (TSLA) Chief Executive Elon Musk diverted a significant shipment of Nvidia ( NVDA ) artificial intelligence processors reserved for the electric vehicle maker to his X social-media company, CNBC reported Tuesday, citing emails written by Nvidia ( NVDA ) senior staff and shared inside the company.

In so doing, Musk pushed back Tesla's receipt of more than $500 million in graphics processing units by months, which has likely added to delays in setting up the supercomputers that EV maker says it needs to produce autonomous vehicles and humanoid robots, according to the report.

Neither Tesla nor Nvidia ( NVDA ) immediately responded to requests for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 174.79, Change: -1.50, Percent Change: -0.85

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