Nvidia (NVDA) Stock: Elon Musk’s xAI Drops $20 Billion on GPU Order

TLDR xAI and Nvidia are reportedly signing a $20 billion deal for GPUs to support the Memphis Colossus 2 data center expansion Nvidia projects global data center capital expenditures will reach $600 billion by end of 2025, rising to $3-4 trillion by 2030 OpenAI recently announced a partnership with Nvidia for 10 gigawatts of compute [...]

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