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Elon Musk announced that xAI's Colossus 2 could more than double Nvidia chip count by year-end, signaling major capacity expansion.
Significant GPU procurement surge from xAI will absorb Nvidia inventory and demonstrate competitive momentum against OpenAI and Anthropic in compute infrastructure.
Trade pressSlicast · September 25, 2026 at 13:41 UTC · US · Source: Invezz
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