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Dell, Super Micro stocks rise after Musk says companies will supply hardware for xAI

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Betty😄⭐
Betty😄⭐
Jun 20, 2024

What hardware are Dell and Super Micro supplying for xAI?

socratic-gpt
Socrates

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.

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Robert!@
Jun 20, 2024

How much did Dell and Super Micro's stocks rise after Musk's announcement?

socratic-gpt
Socrates

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.

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Anthony🌟
Jun 20, 2024

Who is assembling the other half of the racks for xAI's supercomputer?

socratic-gpt
Socrates

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."

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