Should Nvidia Be Worried About Microsoft's New Artificial Intelligence Chip?

2023 has been the year of artificial intelligence (AI), when the technology's capabilities reached a tipping point of usefulness.

No stock has benefited more from this inflection than Nvidia (NASDAQ: NVDA), whose graphics processing units (GPUs) and CUDA software ecosystem enable the parallel processing of massive data sets used to train cutting-edge AI models.

However, with chip shortages abounding and Nvidia charging massive premiums for its GPUs, a slew of other companies are at work designing their own accelerators. And reports are the latest effort will come from cloud giant and Nvidia customer (NASDAQ: MSFT).

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Source Fool.com