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Microsoft (MSFT) Forecasts Robust Azure AI Growth, Secures Key Data Center Lease Near OpenAI

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The Story

News Summary

  • Evercore raised Microsoft's Azure AI revenue forecast to $25.7B by 2026, anticipating strong growth despite competition and supply constraints.
  • New data center leases and positive analyst outlook support a bullish outlook for MSFT's cloud and AI segments.
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MSFT price history

495.63 +5.23% over the displayed period

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