AMD, Nvidia Shares Jump After Musk Highlights xAI's GPU Needs: 'We Expect To Still Buy A Lot'

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AMD, Nvidia Shares Jump After Musk Highlights xAI's GPU Needs: 'We Expect To Still Buy A Lot'

benzinga.com/trading-ideas/movers/25/05/45531583/amd-nvidia-shares-jump-after-musk-highlights-xais-gpu-needs-we-expect-to-still-buy-a-lot

Shares of Advanced Micro Devices Inc (NASDAQ:AMD) and NVIDIA Corp (NASDAQ:NVDA) are moving higher in Tuesday’s after-hours session after Tesla Inc (NASDAQ:TSLA) CEO Elon Musk announced that the company expects to purchase “a lot” of GPUs from the chip companies.
What Happened: In an…

This story appeared on benzinga.com, 2025-05-20 21:14:39.