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Memphis Business Report

xAI Supercomputer Campus in Memphis

📍3231 Paul R. Lowry Road, Memphis, TN 38115

In December 2024, xAI announced the expansion of its Memphis-based “Colossus” supercomputer, supported by large-scale hardware deployments from NVIDIA, Dell Technologies, and Supermicro as the system moves toward its goal of 1 million GPUs.

Economic Impact

💰 The Greater Memphis Chamber reports that xAI’s Memphis operation is expected to create 300–500 high-paying technical and operational jobs in its first phase, with additional roles projected as the supercomputer scales.
👔 xAI’s Memphis campus represents the region’s largest technology investment to date, with a planned expansion to support at least 1 million GPUs, requiring hundreds of millions of dollars in power, cooling, and infrastructure upgrades.
🏗️ xAI operates from the 785,000-square-foot former Electrolux manufacturing plant at 3231 Paul R. Lowry Road, now repurposed as a high-density data-center and supercomputing facility.
📢 In December 2024, xAI announced the expansion of its Memphis-based “Colossus” supercomputer, supported by large-scale hardware deployments from NVIDIA, Dell Technologies, and Supermicro as the system moves toward its goal of 1 million GPUs.

About xAI Supercomputer Campus in Memphis

xAI, an Elon Musk Project, operates one of the most advanced supercomputing facilities in the world from its Memphis location, housed inside the 785,000-square-foot former Electrolux manufacturing campus. The facility serves as the home of “Colossus,” xAI’s flagship GPU cluster designed to scale toward one million GPUs, making it one of the largest and most powerful AI training environments globally. Memphis was selected for its exceptional power capacity, available industrial infrastructure, and strategic logistics advantages—qualities that allow rapid hardware deployment and long-term operational expansion.

For real estate investors, xAI’s Memphis campus represents a transformational economic driver. High-skill positions in AI operations, engineering, data management, and advanced infrastructure support contribute to wage growth and attract stable, career-oriented tenants. As large-scale AI and data-center investments expand, surrounding suburban communities experience increased demand for high-quality single-family rental housing, strengthened occupancy, and long-term property value appreciation.

The xAI campus also benefits from deep collaboration with leading technology companies. NVIDIA supplies the H100 GPU systems powering Colossus, Dell Technologies provides large-scale AI servers and infrastructure hardware, and Supermicro contributes advanced liquid-cooled rack systems essential for dense GPU environments. While these companies do not operate standalone facilities in Memphis, their ongoing involvement in on-site hardware integration and system expansion reinforces Memphis as a critical node in the emerging “Digital Delta” technology corridor.

The scale of xAI’s investment is expected to generate hundreds of high-paying technical roles, with additional indirect jobs created through construction, electrical upgrades, logistics, support services, and data-center operations. This concentration of next-generation infrastructure positions Memphis as a long-term AI hub and offers investors exceptional stability and growth potential tied to one of the fastest-expanding technology sectors in the country.

Memphis Real Estate

Investment Opportunities Near xAI Supercomputer Campus in Memphis

There are a number of outstanding submarkets for single-family real estate investment properties that are a convenient commute to xAI Supercomputer Campus in Memphis headquarters
Olive Branch, MS
Population: 46,500
Median home price: $375,000
26 miles from Memphis
Olive Branch, Mississippi offers a compelling opportunity for investors seeking a market built on solid economic fundamentals. Located within the greater Memphis metropolitan area, Olive Branch benefits from an economy driven by logistics, manufacturing, and regional expansion—but at acquisition prices far below those in most major metros. The median household income in Olive Branch is nearly $100,000, well above the state average, reflecting a strong local tenant base with stable employment. Home values have shown consistent appreciation, with median prices...
Subdivision: Southbranch
Properties Available Now: 0
🏠 10 Homes
🛏️ 4+ Bedrooms
🛁 2.5+ Baths
🏠 2,217-2,848
🇺🇸 DeSoto
🏦 1.12% Tax Rate
📬 $200 Annual HOA Fees
🛡️ $875 Annual Insurance Premium
Southbranch is nestled in Olive Branch, one of the most desirable cities in the metro area. The neighborhood offers residents a calm, amenity-rich environment close to shopping centers, award-winning schools,... read more
Subdivision: The Preserve at Cedar Bluff
Properties Available Now: 0
🏠 17 Homes
🛏️ 4+ Bedrooms
🛁 2.5+ Baths
📐 8 Floor plan models
🏠 2,000-2,900
🌳 0.25 - 0.50 Acre lots
🇺🇸 DeSoto
🏦 1.115% Tax Rate
📬 $450 Annual HOA Fees
🛡️ $875 Annual Insurance Premium
Nestled in the DeSoto County gem of Olive Branch, The Preserve at Cedar Bluff offers a respite from the busyness of modern life. From the time you enter this serene... read more
Newbury Dr, Olive Branch, MS 38654
🛏️ 4 Beds
🛁 2.5 Baths
March Meadows Way, Olive Branch, MS 38654
🛏️ 4 Beds
🛁 2.5 Baths
🏡 2,043 SF
March Meadows Way, Olive Branch, MS 38654
🛏️ 4 Beds
🛁 2.5 Baths
Newbury Drive, Olive Branch, MS 38654
🛏️ 5 Beds
🛁 3 Baths
🏡 2,201 SF
March Meadows Way, Olive Branch, MS 38654
🛏️ 4 Beds
🛁 2.5 Baths
🏡 2,226 SF
John Nielsen Way, Olive Branch, MS 38654
🛏️ 5 Beds
🛁 3 Baths
🏡 2,217 SF
March Meadows Way, Olive Branch, MS 38654
🛏️ 4 Beds
🛁 2.5 Baths
🏡 2,043 SF
March Meadows Way, Olive Branch, MS 38654
🛏️ 4 Beds
🛁 2.5 Baths
🏡 2,226 SF
March Meadows Way, Olive Branch, MS 38654
🛏️ 4 Beds
🛁 2.5 Baths
🏡 2,237 SF

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