Microsoft beats revenue expectations and invests a further €30bn in AI
Update: 2025-10-30
Description
Microsoft's Q3 earnings surpassed expectations with $77.7 billion in revenue and $30.8 billion in income. Azure cloud business thrived despite a recent outage, but investors focused on Microsoft's significant capital expenditures, particularly in AI and cloud infrastructure. Microsoft spent $35 billion on capital expenditures, with nearly half going to chips and data centers. The company's partnership with OpenAI was revised, with Microsoft securing commercial rights and a 27% stake in OpenAI's for-profit division. Despite strong cloud-driven revenue growth and AI assistant Copilot's expansion, Microsoft's stock dropped due to spending concerns and Azure outage questions.
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