Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) shares fell 1% to $226.55, down $2.73, after Microsoft Corp (NASDAQ:MSFT) unveiled a new artificial intelligence chip that threatens to reduce its reliance on the graphics processor maker. Microsoft, the software and cloud computing giant, introduced its third-generation Maia 300 processor on Monday, targeting lower costs and greater efficiency in running AI workloads across its products and services.
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