Microsoft Unveils $80B AI Data Center Plans: ETFs in Focus

Microsoft (MSFT) announced plans to spend $80 billion in fiscal 2025 on constructing data centers designed for artificial intelligence workloads. Over half of this spending will be focused on the United States, according to a blog post by Brad Smith, Microsoft Vice Chair and President. The fiscal year will conclude in June 2025.“Today, the United States leads the global AI race thanks to the investment of private capital and innovations by American companies of all sizes, from dynamic start-ups to well-esta ...