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cailianshe news, september 24 (editor: xiaoxiang)microsoft corp. received a rare downgrade from a wall street firm on monday over concerns that the tech giant's lead in artificial intelligence is waning and that it is too dependent on nvidia corp. for ai infrastructure.

according to the latest report, analysts at financial services company da davidson have now downgraded microsoft's stock rating from "buy" to "neutral", but still maintained its target price at $475 - which means that the stock will still have about 8% room to rise from current levels.

gil luria, managing director at da davidson, noted monday that microsoft’s early investments in ai and the launch of commercial products initially gave the company an advantage over amazon and google, both of which were “caught off guard” at the time.

but luria said, “since then, amazon and google have invested heavily to catch up with microsoft.”

"looking forward, we believe that amazon's aws and google's gcp actually have an advantage over microsoft's azure due to their ability to deploy their own chips into their own data centers at a fraction of the cost of nvidia's gpus. in contrast, microsoft has not yet done this with its own chips," luria noted.