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.

Microsoft (MSFT) has gone all in, snapping up 485,000 of Nvidia's Hopper chips this yearthat's more than triple what it bought last year. Why? To cement its position as the king of AI infrastructure.

The tech giant bought 485,000 Nvidia Hopper chips across 2024, the Financial Times cited data from tech consultancy Omdia. Microsoft's 2024 chip purchase more than tripled the number of Nvidia chips the company bought in 2023.

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

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,