Microsoft announced a significant infrastructure expansion, planning to build 15 new data centers across two campuses in Wisconsin, valued at over $13 billion, reflecting aggressive buildout to support AI and cloud computing growth.
- The company's cloud segment, Azure, saw robust growth of 40% year-over-year, with management guiding for similar strong growth rates moving forward.
- This new expansion follows Microsoft's existing $7 billion investment in the region, underscoring the scale of their infrastructure commitment.
- Despite the positive infrastructure news, MSFT closed the session down 1.16% at $454.52, reflecting broader macroeconomic headwinds affecting the technology sector.