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 achieve, closing 1.14% greater on Monday and a 0.18% achieve within the after-market hours.
The worth actions are almost definitely as a result of Microsoft’s newest AI chip revelation. The firm was to this point depending on Nvidia and AMD chips. With its Azure Maia 300 processor, Microsoft may probably change into self-reliant. Such a transfer might be a giant blow to Nvidia and AMD.
Microsoft additional mentioned that Maia 300 offers 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 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 listing of fashions below Microsoft’s belt may publish a menace to Nvidia’s dominance. Other corporations may additionally observe Microsoft’s path and cut back their reliance on the present trade giants.
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Nonetheless, Nvidia and AMD proceed to play a serious position within the knowledge heart and AI chip enterprise. Wall Street stays bullish on each corporations, anticipating excessive revenues and earnings per share.
