Dell shares pop on report of $5 billion deal for AI servers for Elon Musk’s xAI

Dell shares pop on report of  billion deal for AI servers for Elon Musk’s xAI

Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France.

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Dell shares jumped to a session high on Friday following a report saying Elon Musk’s startup xAI was getting ready to agree to buy $5 billion in artificial intelligence servers from the hardware maker.

The equipment containing Nvidia‘s GB200…

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https://www.cnbc.com/2025/02/14/dell-shares-pop-on-report-of-5-billion-deal-for-ai-servers-for-elon-musks-xai.html