What happened
Elon Musk's suggestion of Tesla discussing AI chip production with Intel sent Intel's stock soaring. Musk emphasized Tesla's immense AI chip needs and vertical integration strategy, aiming for self-sufficiency. While acknowledging Intel's challenges, he sees potential in their 18A process and U.S. government...
Tesla CEO Elon Musk suggested that the EV company would talk to Intel about building chips needed for AI computing and robotics.Intel stock jumped 2.5% in after-hours trading.Musk also suggested that Tesla would build a fab to make its own chips, too.
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Tesla CEO Elon Musk suggested that the EV company would talk to Intel about building chips needed for AI computing and robotics.Intel stock jumped 2.5% in after-hours trading.Musk also suggested that Tesla would build a fab to make its own chips, too.
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