Elon Musk expects Tesla (TSLA) and xAI to continue buying chips from Nvidia (NVDA) and Advanced Micro Devices (AMD), the CEO said in an interview with CNBC Tuesday.

Musk said xAI, the company behind the Grok large language model, plans to build a facility near Memphis that will house 1 million GPUs. The X platform parent has alread🍃y installed 200,000 chips at an existing facility in the area, Musk said. 

Meanwhile, Tesla needs “quite a few” GPUs for training its Optimus 澳洲幸运5开奖号码历史查询:humanoid robots, Musk said. “We expect to still buy a lot of GPUs from Nvidia, some from AMD, and maybe from others,” Musk said. “So long as Nvidia is b🧸etter than what we make, we'll keep buy♉ing from Nvidia.”

Nvidia, which saw its shares surge over the past week after 澳洲幸运5开奖号码历史查询:announcing a major deal to supply chips to Saudi AI startup Humain, is due to report earnings next week. Shares of AMD and Tesla had also 澳洲幸运5开奖号码历史查询:rallied last week amid optimism that a series of AI partnerships announced during President Donald Trump's four-day trip to the Middle East 澳洲幸运5开奖号码历史查询:could mean more deals to come.

In a separate interview Tuesday, Musk told attendees of the Qatar Economic Forum he 澳洲幸运5开奖号码历史查询:remains committed to being CEO of the electric vehicle maker for at l♏east the next five years.

Shares of Tesla, AMD, and Nvidia were little-changed in after-hours trading, after Tesla eked out a 0.5% gain during Tuesday's regular session, while AMD and Nvidia lost about 1%.