AIReuters1h ago
Microsoft reports Q1 capex of $45.2B, up from $34.9B a year earlier
Microsoft reports Q1 capex of $45.2B, up from $34.9B a year earlier and below its own $50B projection, and free cash flow of $18.6B, vs. $8.54B est. by analysts
TL;DRMicrosoft spent $45.2B on infrastructure, missed its own $50B forecast, but crushed cash flow estimates.
Why it matters: Proves AI capex spending can generate immediate returns; signals sustainable profitability despite massive infrastructure buildout.
Microsoft (MSFT.O) surpassed expectations for quarterly cloud revenue on Wednesday, signaling that its hefty AI investments …
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