01:27 PM EDT, 07/02/2025 (MT Newswires) -- (Updates with Microsoft's ( MSFT ) statement in the second paragraph.)

Microsoft ( MSFT ) plans to focus on "less-ambitious" designs for its artificial intelligence chips through 2028 as it works to address development delays, The Information reported Wednesday, citing two people with direct knowledge of the matter.

"Microsoft ( MSFT ) has been very consistent in our approach to multi-generational systems design efforts, spanning silicon, systems, software, and facility integration," a Microsoft ( MSFT ) spokesperson told MT Newswires via email. "We remain committed to developing optimized systems based on Microsoft's ( MSFT ) knowledge about our internal and customer workloads, as well as working with our close silicon partners to implement systems that represent the best of what the industry can offer."

(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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