Posted 2/7/2024, 11:04:00 AM
Tesla Bets Big on AI, Boosting Suppliers
- Tesla is building a $500M supercomputer called Dojo 2 to power its artificial intelligence capabilities
- Nvidia supplied the GPUs for the first Dojo computer and will likely supply the GPUs for Dojo 2, benefiting from significant revenue
- Taiwan Semiconductor Manufacturing produces chips for both Nvidia's GPUs and Tesla's vehicles, so it will benefit from Dojo 2 demand
- Tesla plans to build additional Dojo supercomputers beyond Dojo 2 as the investment continues to pay off
- Suppliers like Nvidia and Taiwan Semiconductor are positioned to benefit from the growing demand for AI supercomputing power