Shares of Dell Technologies (DELL) and Super Micro Computer (SMCI), also known as Supermicro, rose in intraday trading Thursday after 澳洲幸运5官方开奖结果体彩网:Elon Musk announced that the two tech firms would be developing hardware for his xAI 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) startup.

Musk posted on X Wednesday that “Dell is assembling half of the racks that are going into the supercomputer that xAI is building.” He also mentioned Supermicro’s involvement.

Earlier Wednesday, Dell 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Michael Dell had posted on X that his company was creating an AI factory with Nvidia (NVDA) to power xAI’s Grok chatbot.   

Musk Launched Grok in Challenge to ChatGPT

Musk launched Grok in November as a challenge to OpenAI’s chatbot, ChatGPT. He also sued the Microsoft-backed firm and CEO Sam Altman in March, claiming they violated OpenAI’s founding mission "to ensure that artificial general intelligence benefits all of humanity," although he dropped the lawsuit last week.

As of 11:38 a.m. ET Thursday, shares of Dell were up 2.4% to $152.69, Super Micro Computer gained 7.5% to $989.00, and Nvidia rose 2.4% to $138.80 after the AI chipmaker Tuesday overtook Microsoft (MSFT) to become the 澳洲幸运5官方开奖结果体彩网:world’s most valuable company.