Microsoft AI investments raise questions about long-term strategy

This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief:  Microsoft’s capital expenditures reached $37.5 billion for the period ending Dec. 31, 2025, with roughly two-thirds going to GPUs and CPUs as “customer demand continues to exceed our supply,” Microsoft EVP and CFO Amy Hood said during the company’s Q2 2026 earnings call on Wednesday. Remaining spend was allocated to assets including large data center sites.  W ...