NVIDIA Corp. (NVDA) Poised for Growth with AI Demand and Analyst Upgrades

By Yahoo! Finance | Nov 16, 2024 at 02:55 PM EST

Elon Musk's AI startup, xAI, is raising $6 billion at a $50 billion valuation. xAI plans to purchase 100,000 NVIDIA chips to build a supercomputer for Tesla. Donald Trump is collaborating with Musk on AI initiatives, aiming to rebrand the CHIPS Act.

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