Overview
- Musk’s xAI is reported to be signing a roughly $20 billion Nvidia GPU purchase to equip its Memphis Colossus 2 data center.
- OpenAI remains a major Nvidia buyer with a partnership reported to exchange up to $100 billion in investment for about 10 gigawatts of systems.
- OpenAI also agreed to procure roughly 6 gigawatts of AMD hardware in a deal that includes warrants reportedly allowing OpenAI to buy up to about 10% of AMD shares.
- The rush to lock in multi‑gigawatt capacity has stoked debate over circular vendor financing, even as some analysts argue demand and a multi‑supplier ecosystem reduce concentration risk.
- TSMC has raised capital spending guidance to $40–$42 billion as forecasts for AI data‑center investment stretch toward the multi‑trillion‑dollar range by 2030.