Microsoft announced it will scale its Azure Maia custom accelerators to multi-gigawatt deployments next year, potentially reducing reliance on Nvidia GPUs, though customers continue to seek Nvidia chips for their superior performance. Meta Platforms unveiled its Muse Wonder AI model, achieving state-of-the-art results on key benchmarks and validating its $14.3 billion investment in Scale AI. Micron authorized an additional $33 billion in share repurchases, bringing its total authorization to $35.16 billion, representing roughly 3% of its market cap, effective December 9 when CHIPS Act restrictions expire. The major earnings schedule this week includes Goldman Sachs, Wells Fargo and Johnson & Johnson.
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