U.S. MarketsOctober 12 at 09:05 AM

Microsoft (MSFT) announces its third-gen Maia 300 AI chip, with production starting in 2027, The Verge reports

StockNow breaking-news AI analysis

The headline claims a 2027 production start, but lacks supporting text; Yahoo Finance separately reports the unveiling and company-stated plans for multi-gigawatt deployments beginning next year.

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MSFTMicrosoft Corp$537.58Current price

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Today's market highlights

A selection of stories drawing attention in the market.

Politics

ASML (ASML/ASML NA) reportedly plans to raise prices by 10% on all replacement parts supplied to South Korea, covering both EUV and DUV lithography systems, and will take place from January 2027

ASML Geopolitics

Saudi-led coalition says it has detected and is tracking a drone and cruise missile threat against Saudi Arabia and is taking measures to address it, Al Arabiya reports

Geopolitics

Russia's Kremlin spokesperson says the Kremlin has nothing to say yet about an energy ceasefire, adding that contacts are continuing, TASS reports; Russia wants a long-term peace rather than a 60-day ceasefire proposed by Ukrainian President Zelensky