Microsoft's Maia 300 Chip Isn't Just a Shot at Nvidia — It's a Bet on Where $175 Billion in AI Spending Goes Next

Microsoft's new Maia 300 chip claims 40% more useful computing per megawatt than leading GPU systems, with potentially more than 1 million chips headed into deployment next year. The real story isn't Microsoft vs. Nvidia — it's who keeps the profit margin on more than $175 billion in AI spending. Here's the mechanism, 3 scenarios, and what Ignite needs to prove next month.