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Nvidia Stock Price Dips After Microsoft Reveals New AI Chip

Nvidia Stock Price Dips After Microsoft Reveals New AI Chip

Photo: Watcher Guru

Nvidia (NVDA) stock price has taken a hit , closing 1.29% (2.96 points) lower on Monday, October 12, 2026. The stock has fallen by an additional 0.87% (1.97 points) in the after-market hours. Nvidia’s (NVDA) latest stock price dip comes after Microsoft (MSFT) revealed its latest AI chip, the Azure Maia 300. The move aims to reduce 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 prices have also taken a hit.

Source: Watcher Guru

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