Microsoft Just Gave Investors 9.7 Billion Reasons to Buy This Monster Artificial Intelligence (AI) Data Center Stock Hand Over Fist

Key Points Businesses known as neoclouds specialize in procuring GPUs from Nvidia and then subsequently rent this hardware to hyperscalers. Back in September, Microsoft inked a $17.4 billion neocloud deal with Nebius Group. Now, the hyperscaler is doubling down -- this time with a $9.7 billion cloud services contract with another provider. 10 stocks we like better than Iren › For the last few years, some of the biggest winners of the artificial intelligence (AI) revolution have been chip designer ...