A custom-built AI superchip designed by Elon Musk’s team could mark a pivotal moment in the development of autonomous systems, according to Wall Street veteran Enrique Abeyta.
Set to be unveiled on August 1, the chip is reportedly a key component in Tesla’s upcoming Robotaxi launch—an autonomous vehicle that operates without a steering wheel or pedals. The final version of Tesla’s full self-driving software will be released in tandem, with the new chip powering Dojo, Musk’s supercomputer platform.
Abeyta, a former hedge fund manager with 25 years of experience, claims the chip is already “six times more powerful than Nvidia’s best-selling chip” and “built specifically for AI that functions like the human brain.” He added that the launch “will be blasted on every major news network” and could spark a “massive shift in how AI is used in real-world environments.”
While the immediate application is for self-driving vehicles, analysts say the technology’s scope could be far broader. “Dojo is designed to process visual data,” Abeyta noted, suggesting future applications in robotics, drones, and even healthcare. Analysts at Morgan Stanley echoed the sentiment, stating that “Dojo applications longer-term can extend beyond the auto industry.”
The initiative is also gaining traction in Washington. Under President Trump’s recent executive order promoting AI innovation, Abeyta reported that Musk’s partner company anticipates receiving substantial government funding. “This is all part of the effort to make America the AI superpower of the world,” he said.
Abeyta now shares his investment research through Breaking Profits, a monthly publication. He is widely followed for his early calls on market disruptions and tech innovations.
