Microsoft bought more than twice as many of Nvidia's flagship chip than any of its biggest rivals like Meta and Google.

Satya Nadella, Microsoft's CEO, and believed to be a big customer of Nvidia was talking about abundant chip supply in a recent interview.

"I'm not chip supply constrained," Microsoft CEO Satya Nadella said in a recent interview. Nvidia stock has dropped 7% since the comments.

Microsoft leads in AI chip purchases from Nvidia, with rivals like Meta and Amazon also investing heavily. Read more.

Microsoft has emerged as the dominant player in the acquisition of Nvidia's Hopper chips. According to estimates from technology consultancy Omdia that were reported in the

OpenAI backer Microsoft ( NASDAQ:MSFT) bought 485,000 Nvidia ( NASDAQ:NVDA) Hopper AI chips in 2024, more than twice the acquisitions of its nearest US rivals, based on estimates by tech consultant Omdia quoted by the Financial Times.

As NVDA has trended chiefly downward throughout December, experts have highlighted the threat of rising competition from other chipmakers and the possibility that AI spending may

Nvidia stock has fallen 17% from its record high on November 21st, entering correction territory and nearing a bear market. The decline followed Microsoft CEO Satya Nadella's remarks on the B2 podcast,

Nvidia shares slipped over 1% in midday trading Tuesday, on track to extend losses for a fourth consecutive session but failing to dampen retail sentiment. The stock’s slide comes as it continues to trade in correction territory,