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

Summary

Shares of Advanced Micro Devices and Nvidia are moving higher in Tuesday's after-hours session after Tesla CEO Elon Musk announces that the company expects to purchase "a lot" of GPUs from the chip companies.

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Article published on May 20, 2025 by benzinga