<div id="readability-page-1"><p>Advanced Micro Devices (AMD) and Nvidia (NVDA) stocks were down on Friday despite positive comments from Microsoft (MSFT) CEO Satya Nadella about artificial intelligence (AI) chip purchases. According to Nadella, Microsoft has &#34;a great partnership with Nvidia, with AMD&#34; and that &#34;because we can vertically integrate doesn't mean we just only vertically integrate.&#34;</p><h3>Claim 50% Off TipRanks Premium</h3><ul><li>Unlock  hedge fund-level data  and  powerful investing tools  for smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  and maximize your portfolio's potential</li></ul> <p>Nadella's comments are a positive for AMD and Nvidia, which have provided the company with chips for its AI efforts. They show that Microsoft is dedicated to still using components from the two companies, despite Microsoft's development of its own AI hardware. That includes the Maia 200, a special AI chip that will be used by the company's Superintelligence team.</p> <p>While many companies have rushed to develop AI chips of their own, Microsoft's stance shows that there's still plenty of demand for chips from AMD and Nvidia. That makes sense, as these two companies have a long history of developing graphics processing units (GPUs), which are the powerhouses behind AI.</p> <h2><strong>AMD &amp; Nvidia Stock Movements Today</strong></h2> <p>AMD stock was down 3.88% on Friday but was still up 13.21% year-to-date. The stock has also gained 117.49% over the past 12 months, largely due to increased AI demand.</p> <p>Nvidia stock slipped 0.29% on Friday but was still up 2.81% year-to-date. The stock has also climbed 60.33% over the past 12 months, also alongside rising AI demand.</p></div>

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<p>AMD and Nvidia stocks fell on Friday despite positive remarks from Microsoft CEO Satya Nadella regarding AI chip purchases. Nadella emphasized Microsoft's strong partnership with both companies, indicating ongoing demand for their chips despite Microsoft's own AI hardware development. AMD's stock dropped 3.88% but remains up 13.21% year-to-date, while Nvidia's stock slipped 0.29% but is up 2.81% year-to-date. Both companies have seen significant gains over the past year due to rising AI demand.</p>

- Advanced Micro Devices (AMD) and Nvidia (NVDA) stocks declined on Friday despite positive remarks from Microsoft CEO Satya Nadella regarding their AI chip collaboration.  
- Nadella emphasized Microsoft's ongoing partnership with both companies, highlighting the persistent demand for their chips amidst Microsoft's own AI hardware development.  
- AMD stock fell 3.88% on Friday but remains up 13.21% year-to-date, while Nvidia stock decreased by 0.29% but is up 2.81% year-to-date.

AMD & Nvidia (NVDA) Stocks Slips Despite Microsoft's Commitment to Buy AI Chips