Microsoft (MSFT) intends to spend $80 billion in fiscal 2025 on data centers for artificial intelligence, Bloomberg reported Friday, citing a blog post by Microsoft President Brad Smith.
Over half of the spending through June 2025 will be in the US, Smith reportedly said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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