Analysts revise Microsoft stock price target amid increased AI spending

Amid the announcements by Microsoft (NASDAQ: MSFT) of increased investments in artificial intelligence (AI), triggering a wave of optimism in the industry and on the stock market, Wall Street analysts have revised their price prediction targets for MSFT shares.Indeed, Microsoft CEO Satya Nadella and finance chief Amy Hood have recently revealed plans to invest heavily in AI, including the infrastructure based on Nvidia (NASDAQ: NVDA) products, in addition to spending nearly 80% more in the last quarter comp ...