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Microsoft Data Center Lease Cancellation Spurred AI Spending Cut Fears 'More Smoke Than Fire,' Says Top Analyst — Redmond Reaffirms $80 Billion Investment Plan
Summary
Microsoft reaffirmed its $80 billion AI infrastructure investment after a report of data center lease cancellations sparked investor panic, with analyst Dan Ives dismissing concerns as "more smoke than fire" and predicting continued strong AI demand.
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Read Full ArticleArticle published on February 25, 2025 by benzinga