Microsoft Data Center Lease Cancellation Spurred AI Spending Cut Fears 'More Smoke Than Fire,' Says Top Analyst — Redmond Reaffirms $80 Billion Investment Plan
benzinga.com/markets/25/02/43932234/top-analyst-dismisses-microsoft-ai-spending-fears-as-more-smoke-than-fire-after-report-of-data-center-lea
Microsoft Corporation (NASDAQ:MSFT) has pushed back against concerns about its AI infrastructure spending after a report said the company canceled data center leases, leading to investor panic and a market sell-off.
Now, tech analyst Dan Ives dismissed the fears as “more smoke than…
This story appeared on benzinga.com, 2025-02-25 05:41:03.