Microsoft (MSFT) is planning to raise spending on AI data centers in Wisconsin to $7 billion, with its second largest AI data center. The company aims to strengthen spending on artificial intelligence data centers and innovation in 2025, staying in the ongoing AI race within Big Tech. Microsoft said Thursday that the first data center is scheduled to open next year, employing around 500 people at its peak, and will expand to around 800 when the second data center is completed.
Additionally, Microsoft announced on Thursday that the site will ultimately house the world’s most powerful AI supercomputer and connect hundreds of thousands of powerful chips from Nvidia (NVDA). “This is where the next generation of AI will be trained and sets the stage for breakthroughs that will shape the future. New discoveries in medicine, science and other important fields begin here, along with models trained in Wisconsin, President Bradsmith said in a blog post.
Microsoft appears to save MSFT from slump in the last 30 days
Microsoft Stock (MSFT) stock has fallen 1.5% over the past month. However, after the announcement of the AI data center, it recovered at the same rate this week. Analyst sentiment remains positive, with multiple companies reaffirming their buy ratings, indicating the potential for a great advantage of MSFT stocks. With a recently reconfirmed purchase rating from Truist and a profit of 21.86% since the start of the year, Microsoft is positioned for continued growth in the tech sector. So inventory may be ready to beat the skids of the last month.
Most analysts rate Microsoft as “outperform” or “purchase”, with price targets significantly higher than the current market price of 510.02. At press time, MSFT is trading near the top of the 52-week range and above the simple 200-day moving average. Analysts like Raymond James and Da Davidson have set aggressive price targets of $630 and $650 respectively. The Evercore ISI Group demonstrates high accuracy in price target forecasts with a score of 99.91, reflecting strong historical performance. Meanwhile, CNN analysts value Microsoft MSFT’s 10/10 stock investments and predict that they will become the top performer in the coming months, compared to their epic seven stock rivals.
