Microsoft Corporation (MSFT) Looking to Bolster Engineering Corps for AI Chips

Artificial intelligence chips are apparently moving up the to-do list at Microsoft Corporation (NASDAQ:MSFT). Several recent job postings offer up some hints on what the company has planned.

CNBC has the details on what Microsoft is looking for.

Microsoft is following Google’s lead in designing a computer processor for artificial intelligence, according to recent job postings.

In late March, Microsoft published at least three job openings within its Azure public cloud division, looking for candidates to work on features for an AI chip. The following month the team listed an opening for a silicon program manager, and “an engineer for software/hardware codesign and optimization for AI acceleration.”

AI is clearly on thee mind of Microsoft, as CEO Satya Nadella reportedly made mention of it 18 separate times in one single memo to employees earlier this year. However, a company spokesperson says that there’s nothing new to report.

“That group has been working on server design, silicon and AI to enable cloud workloads for some time,” the spokesperson said.

Microsoft Corporation shares were unchanged in premarket trading Tuesday. Year-to-date, MSFT has gained 19.20%, versus a 4.80% rise in the benchmark S&P 500 index during the same period.

MSFT currently has a StockNews.com POWR Rating of A (Strong Buy), and is ranked #1 of 66 stocks in the Software – Application category.