Microsoft Plans to Amass 1.8 Million AI Chips by 2024 End

👉 Key Highlights:
📍 Microsoft targets 1.8 million GPUs by end of 2024.
📍 Plans to triple GPU supply this year.
📍 GPUs to power advanced generative AI applications.
📍 Partnership with OpenAI at core of strategy.
📍 Projected spending of $100 billion on GPUs and data centers through 2027.
📍 Competing with Meta and others in massive GPU acquisitions.
📍 Developing own AI chips to lessen Nvidia dependency.

👉 Market Insights:
📍 Microsoft's GPU strategy could influence its competitive position in the AI market and its stock valuation.