Nvidia (NVDA) inventory value has taken a hit, closing 1.29% (2.96 factors) decrease on Monday, October 12, 2026. The inventory has fallen by a further 0.87% (1.97 factors) within the after-market hours. Nvidia’s (NVDA) newest inventory value dip comes after Microsoft (MSFT) revealed its newest AI chip, the Azure Maia 300. The transfer goals to scale back Microsoft’s reliance on Nvidia (NVDA) and Advanced Micro Devices, Inc (AMD).
Nvidia Stock Price Dip: Will Microsoft’s AI Chip Further Pull NVDA Down?
Apart from Nvidia (NVDA), AMD shares costs have additionally taken successful. AMD inventory closed 2.28% decrease on Monday, and a further 1.46% within the after-market hours. Microsoft (MSFT), nonetheless, noticed a acquire, closing 1.14% increased on Monday and a 0.18% acquire within the after-market hours.
The value actions are most definitely attributable to Microsoft’s newest AI chip revelation. The firm was up to now depending on Nvidia and AMD chips. With its Azure Maia 300 processor, Microsoft may probably change into self-reliant. Such a transfer could possibly be a giant blow to Nvidia and AMD.
Microsoft additional stated that Maia 300 supplies 40% extra tokens per megawatt than different GPU-based methods. More tokens per megawatt will result in a extra environment friendly AI rack. The Maia 200 chip at present powers its Microsoft manufacturing workloads, together with Microsoft 365 Copilot. It additionally powers OpenAI fashions, Microsoft’s MAI fashions, and several other different open-source fashions. The rising record of fashions below Microsoft’s belt may put up a menace to Nvidia’s dominance. Other firms may additionally observe Microsoft’s path and scale back their reliance on the present trade giants.
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Nonetheless, Nvidia and AMD proceed to play a serious function within the information heart and AI chip enterprise. Wall Street stays bullish on each firms, anticipating excessive revenues and earnings per share.
