07:24 AM EDT, 05/17/2024 (MT Newswires) -- Microsoft ( MSFT ) plans to offer customers of its cloud service a platform built on AMD (AMD) artificial intelligence chips to compete with Nvidia ( NVDA ) , Reuters reported, citing a company statement.

Microsoft ( MSFT ) will sell AMD MI300X AI chips through its Azure cloud service as an alternative to Nvidia's ( NVDA ) graphics processing units, the report said.

Microsoft ( MSFT ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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