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

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

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