Aug 13, 2023
From Elon Musk to Chinese tech titans, everyone wants Nvidia’s GPU chips. There might not be enough to go around
Posted by Gemechu Taye in categories: Elon Musk, robotics/AI
Elon Musk has loaded up on Nvidia GPUs for X, xAI, and Tesla. Meanwhile, Chinese tech titans are reportedly scrambling to buy $5 billion worth of the chips.
It seems like everyone and anyone wants to snap up Nvidia.
Sales of the company’s graphic processing units (GPUs) have surged since ChatGPT ignited an AI frenzy, propelling it to a stellar first-quarter earnings performance and boosting its total valuation to over $1 trillion back in May.