Dell and Super Micro are providing server racks for the supercomputer that Elon Musk's artificial intelligence startup xAI is building3. Dell is assembling half of the racks, while Super Micro Computer is complementing Dell's contribution2. Both companies are working to capitalize on the immense growth surrounding AI technologies.
Dell's stock rose as high as 5% and Super Micro's stock climbed nearly 9% after Elon Musk announced that the companies are providing hardware for the supercomputer his AI startup, xAI, is building2.
Super Micro Computer (SMCI) is assembling the other half of the racks for xAI's supercomputer. Elon Musk confirmed this in a post on social media platform X, where he referred to the company as "SMC."