Elon Musk's xAI to use Nvidia chips in new supercomputer

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Shares of Nvidia (NVDA) are trading higher on Tuesday following an announcement from Elon Musk regarding his AI startup, xAI. Musk revealed that the company ...

are trading higher on Tuesday following an announcement from Elon Musk regarding his AI startup, xAI. Musk revealed that the company is in the process of building a supercomputer to be powered by Nvidia's chip technology. The supercomputer will boost operations at the startup.Let's get to some trending tickers that we're watching this morning and video shares are moving lower or moving higher.

But when it comes to some of those competitors, I guess not so much closing in on NVIDIA but also able to participate and capture some of that capital expenditures that we are seeing from larger corporations in terms of their A I investment plans.Some of these other players that you see on your screen, their intel micro on Qualcomm becoming a bigger part of this A. I story.

Investing guru James Rickards says gold will hit $27,533 an ounce — and it's 'not a guess.' Here's his argument

 

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