Nvidia (NVDA) inventory worth has taken a hit, closing 1.29% (2.96 factors) decrease on Monday, October 12, 2026. The inventory has fallen by an extra 0.87% (1.97 factors) within the after-market hours. Nvidia’s (NVDA) newest inventory worth 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 a success. AMD inventory closed 2.28% decrease on Monday, and an extra 1.46% within the after-market hours. Microsoft (MSFT), nonetheless, noticed a acquire, closing 1.14% larger on Monday and a 0.18% acquire within the after-market hours.
The worth actions are almost definitely on account of Microsoft’s newest AI chip revelation. The firm was thus far depending on Nvidia and AMD chips. With its Azure Maia 300 processor, Microsoft might doubtlessly turn into self-reliant. Such a transfer might be a giant blow to Nvidia and AMD.
Microsoft additional stated that Maia 300 supplies 40% extra tokens per megawatt than different GPU-based techniques. More tokens per megawatt will result in a extra environment friendly AI rack. The Maia 200 chip presently 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 underneath Microsoft’s belt might put up a risk to Nvidia’s dominance. Other corporations might additionally observe Microsoft’s path and scale back their reliance on the present business giants.
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Nonetheless, Nvidia and AMD proceed to play a significant function within the knowledge heart and AI chip enterprise. Wall Street stays bullish on each corporations, anticipating excessive revenues and earnings per share.
