Microsoft cuts capex forecast on AI capacity delays
· businessinsider.com · popularity 42/100 · 0 similar stories today
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Summary
Microsoft reduced its forecast for capital expenditure, a rare move in an industry that mostly continues to splurge more on huge AI investments. The software giant said capex for the 2026 calendar year will be $170 billion from a previous forecast of $175 billion. Chief Financial Officer Amy Hood …
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