StocksMedium•12 October 2026•
1 min read
Nvidia Shares Slip as Microsoft Expands Custom AI Chip Production Plans
Key Facts
1Nvidia shares fell 1.6% following Microsoft's announcement of plans to ramp up production of its own custom AI silicon.
2Microsoft described its new chip initiative as its 'biggest bet yet' on custom silicon.
Nvidia shares fell 1.6% according to Invezz, following Microsoft's announcement of plans to ramp up production of its own custom AI silicon. Microsoft described the new chip initiative as its biggest bet yet on custom hardware, signaling a strategic move to expand its internal manufacturing capabilities.
NVDA closed at $229.28 on October 9, 2026, while MSFT closed at $535.07 on the same date. Within the broader semiconductor and tech peer group, AMD closed at $608.1 and TSM closed at $453.31 on October 9, 2026, while AAPL was trading at $339.99 on October 12, 2026.