Microsoft Sees All-Time Highs as Azure Growth Takes Off
Microsoft's stock is nearing its all-time highs driven by strong growth in its Azure cloud platform and plans to aggressively expand data center capacity.
The company could triple its compute capacity to 38 gigawatts by 2032, indicating a long-term demand for its services.
Azure revenue has recently surpassed $100 billion annually, and the usage of its Copilot AI tool is stabilizing, supporting further monetization.