The article discusses how Elon Musk’s demand for chips, particularly from Nvidia, is straining the company’s supply chain until 2024. Musk’s companies, including Tesla, SpaceX, and Twitter, have an insatiable appetite for Nvidia’s high-performance chips used in artificial intelligence (AI) and autonomous driving systems. Nvidia’s CEO, Jensen Huang, revealed that the company is struggling to meet the demand from Musk’s companies, which have become a “power plant” for chip consumption. The supply constraints are expected to persist until at least 2024, as Nvidia works to expand its manufacturing capacity. Huang emphasized the importance of Musk’s companies in driving innovation and pushing the boundaries of what’s possible with AI and autonomous systems. However, the high demand is also creating challenges for Nvidia in managing its supply chain and allocating resources effectively.
Source: https://www.businessinsider.com/elon-musk-hunger-for-chips-taxing-nvidia-supply-chain-2024-11