Dell, Super Micro Shares Jump on Reports of ‘AI Factory’ for Elon Musk’s xAI
- Super Micro, which will provide servers, also saw share gains
- CEO Michael Dell teased the project in an X post on Wednesday
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Dell Technologies Inc. shares rose on Thursday after Chief Executive Officer Michael Dell said the company is building a “Dell AI factory” for Elon Musk’s startup xAI alongside Nvidia Corp.
“We’re building a Dell AI factory with Nvidia to power Grok for xAI,” Michael Dell wrote in an X post on Wednesday.