Dell stock crashed 20% after reporting. Is there a demand problem?
A weak outlook from Salesforce raised questions over how soon software companies will monetize generative AI products. Dell's profit margins on AI servers disappointed.
"Elon prioritizing X H100 GPU cluster deployment at X versus Tesla by redirecting 12K of shipped H100 GPUs originally slated for Tesla to X instead," an internal Nvidia memo from December showed, according to the CNBC report. "In exchange, original X orders of 12K H100 slated for Jan and June to be redirected to Tesla," the memo said. Tesla did not immediately respond to a Reuters request for comment, while Nvidia declined to comment.