Dell and Super Micro's shares increased by more than 5% each after the announcement that they would provide servers to help Elon Musk's AI startup xAI develop a supercomputer.
Super Micro's shares increased by more than 8% in recent trading after Elon Musk revealed that the company, along with Dell Technologies, will provide servers to help his artificial intelligence startup xAI develop a supercomputer.
Dell Technologies and Super Micro Computer are providing server racks for the supercomputer that Elon Musk's artificial intelligence startup xAI is building. Dell is assembling half of the racks, while the other half is being handled by Super Micro.