Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Publishing timestamp: 2025-01-03 19:08:47
Summary
Microsoft plans to spend $80 billion in fiscal 2025 on construction of data centers for AI workloads, with over half of the spending in the U.S. Other companies are also investing in AI technology. Berkshire Hathaway is underperforming after Buffett's exit news. Vanguard sees it as an attractive income opportunity. Analysts believe a stock will benefit if Apple releases a foldable phone.
Sentiment: NEUTRAL
Keywords: breaking news: technology, microsoft corp, nvidia corp, business, donald j. trump, enterprise, business news, technology,