US Stock Movement | Tesla rises 3.3% as AI5 chip successfully tapes out and UBS upgrades rating

Glonghui April 15｜Tesla (TSLA.US) rose by 3.3% to $376.24. According to the news, Musk posted on his social media platform: “Congratulations to the Tesla AI chip design team for completing the A15 chip tape-out. AI6, Dojo3 and other exciting chips are also under development.” Musk stated that the AI5 chip will become one of the world's highest-production AI chips in the future. In addition, a certain exchange released a report, upgrading Tesla’s rating from “Sell” to “Neutral,” and maintaining the target price at $352. The institution expects Robotaxi and Optimus will eventually make progress and continues to regard Tesla as a leader in the field of physical AI.