Microsoft (MSFT) didn't deny that it's looking at making its own chips.
For some time, rumors have swirled that Microsoft, like Apple (AAPL) and Amazon (AMZN), is pursuing a chip solution that would make it less dependent on chipmakers like Nvidia (NVDA).
At the 2023 Code Conference in Dana Point, California, Microsoft's chief technology officer and executive vice president of AI Kevin Scott stayed mum on those rumors, but he did offer some color on how Microsoft, arguably the AI leader right now, is thinking about chips.
"I'm not confirming anything," he told the audience. "I will say that we've got a pretty substantial silicon investment that we've had for years. The thing that we will do is make sure we're making the best choices for how we build these systems, using whatever options are available. And the best option over the last few years, it's been Nvidia."
Kevin Scott, chief technology officer and executive vice president of AI at Microsoft, speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023, in Dana Point, California. (Jerod Harris/Getty Images for Vox Media)