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News 2026-10-12 17:11 UTC

Microsoft Stocks Rise as Million-Chip Maia Plan Targets Inference Costs

Microsoft NASDAQ:MSFT, the cloud and software giant, unveiled Maia 300 as it pushes to run more AI services on its own silicon. Shares traded at $540.54 at 10.50am EST on October 12, up about 1.07%. The ambition is big: according to Reuters, Microsoft could deploy more than one million chips next y…