Musk Plans to Buy AMD Chips as Tesla Loads Up on AI Hardware

AMD unveiled a lineup called the MI300 last month that it said will be able to run AI software faster than competitors can. — AMD unveiled a lineup called the MI300 last month that it said will be able to run AI software faster than competitors can.
Photographer: David Paul Morris/Bloomberg

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By Dana Hull

January 26, 2024 at 10:14 PM UTC

This article is for subscribers only.

Tesla Inc. Chief Executive Officer Elon Musk said he plans to buy chips from Advanced Micro Devices Inc. as part of a spending spree on computing hardware to handle artificial intelligence.

After saying on his X social media platform that Tesla will spend more than $500 million on Nvidia Corp. hardware this year, Musk was asked if he would also buy chips from AMD. “Yes,” the billionaire replied.