Report: Tesla snubbing Nvidia, developing its own self-driving chip

Enlarge / Tesla CEO Elon Musk. (credit: Yuriko Nakao/Bloomberg via Getty Images)

Tesla is working on custom silicon for its self-driving software in partnership with AMD, CNBC reported on Wednesday. "The carmaker has received back samples of the first implementation of its processor and is now running tests on it," a source told CNBC. Shares of AMD soared more than six percent on Wednesday after news of the partnership leaked.

Tesla has been working to beef up its in-house hardware...

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