Microsoft reveals Maia 300 AI chip, as it works to reduce dependence on Nvidia, AMD

What happened: Microsoft (MSFT) unveiled the Azure Maia 300 AI chip at the OCP Global Summit 2026 in San Jose, aiming to cut reliance on Nvidia (NVDA) and AMD (AMD) processors. Key numbers: Maia 300 offers 40% more tokens per megawatt than leading GPU-based systems. Why it matters: Microsoft said Maia chips will become the primary AI inference system for its products and services. Hyperscalers building custom chips hedge against dependence on Nvidia, which regularly generates upwards of 50% of quarterly revenue from hyperscalers. Market: +1.9% by next close ($605.53 on Oct 13), +155.4% YTD Coverage: 4 outlets in 24h

Microsoft (MSFT) unveiled the Azure Maia 300 AI chip at the OCP Global Summit 2026 in San Jose, aiming to cut reliance on Nvidia (NVDA) and AMD (AMD) processors.

Microsoft said Maia chips will become the primary AI inference system for its products and services. Hyperscalers building custom chips hedge against dependence on Nvidia, which regularly generates upwards of 50% of quarterly revenue from hyperscalers. Market: +1.9% by next close ($605.53 on Oct 13), +155.4% YTD