国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 8月21日消息，近日，微软员工收到关于薪资调整和奖金的信息。据报道，数百名微软员工正在一个共享电子表格中分享他们的薪酬信息。 尽管科技行业的大部分薪酬是基于股票的，但基本薪资仍然是比较公司内部不同团队薪酬水平的一个有用方式。根据员工在该电子表格中 分享的数字，微软各团队的平均基本薪资情况： 云服务与人工智能（Cloud + AI）：204,135 美元（约146.6 万元人民币）。商务与生态系统（Commerce + Ecosystems）：191,597 美元（约 137.6 万元人民币）。安全（Security）：189,285 美元（约136 万元人民币）。Azure：176,035 美元（约126.5 万元人民 币）。体验与设备（Experiences and Devices）：175,123 美元（约125.8 万元人民币）。微软人工智能（Microsoft AI）：170,456 美元（约 122.4 万元人民币）。Xbox：168,831 美元（约121.3 万元人民币）。核心人工智能 ...

（原标题：?市值破4万亿美元的微软(MSFT.US)涨势未止! Microsoft365 涨价浪潮强化"增长叙事"） 智通财经APP获悉，美国科技巨头微软(MSFT.US)近日在一份公告中表示，计划不久后停止在企业购买包括Office系列办公软件组合在内的 Microsoft 365生产力软件订阅和其他云软件产品线时提供折扣。??NexusTek的一位高管表示，这一变化可能会导致价格上涨10%或更多。 自该公告发布以来，华尔街分析师们已给出客户们最终将多支付多少额外费用的估算报告。但对于试图弄清这一切对微软财务基本面意味着什么 的投资者们而言，来自国际大行瑞银集团(UBS)的分析师们表示，这一涨价变化可能已经计入微软管理层前不久给出的业绩指引，但是新增订阅 用户的营收无疑将比以往更加强劲，尤其是有望带来更强劲的Microsoft 365+"Copilot for Microsoft 365 "联合订阅规模。? "在我们看来，可以放心假设定价变化的影响已包含在微软官方给出的业绩预测中。"来自瑞银的分析师们在周二晚间的一份研究报告中写道。瑞 银对该股给予"买入"评级，与此同时对于微软12个月内目标价预期则高达65 ...

格隆汇8月21日｜据福克斯新闻，当地时间周三下午，华盛顿州警方在雷德蒙德微软园区举行的亲巴勒 斯坦抗议活动中逮捕了18人，理由包括非法侵入、恶意破坏、拒捕和妨碍司法等。此次抗议活动是由微 软员工主导的团体"拒绝为种族隔离提供Azure服务"（No Azure for Apartheid）在微软园区组织的一系列 示威活动中的最新一次。该团体已持续数月进行抗议，要求微软公司切断与以色列军方的业务往来。 ...

Core Viewpoint - Microsoft plans to eliminate discounts on enterprise purchases of Microsoft 365 subscriptions and other cloud applications, which analysts believe is already reflected in the company's financial guidance [1][2]. Pricing Changes - The pricing change will affect companies with sufficient employees, categorized into price levels A, B, C, and D, and will take effect for new services or renewals starting November 1 [3]. - Analysts from UBS estimate that customers may face price increases ranging from 3% to 14%, with specific estimates from partners indicating hikes of 6% to 12% [4]. Financial Impact - Microsoft's Productivity and Business Processes unit, which includes Microsoft 365, is crucial for the company's financial health, contributing significantly to the projected $128.5 billion operating profit for fiscal 2025, with 73% of revenue from Microsoft 365 commercial products and cloud services [5]. Customer Behavior - Some customers may opt to pay more to continue using Microsoft applications rather than switching to competitors, although they might reduce commitments in other areas like Azure [6]. - Companies may seek to mitigate price increases by purchasing through cloud resellers instead of directly from Microsoft [7]. Market Performance - Microsoft shares have increased by 20% this year, outperforming the Nasdaq, which has gained about 10% [8].

微软(MSFT.O) | 投资评级： | 增持 | 主要观点： | | --- | --- | --- | | 报告日期： | 2025-8-20 |  财务表现 | | | | 施）。 | | | |  业务发展 | 微软：营收利润双增，AI与云业务驱动增长 财务表现 2025财年微软总营收达2,817亿美元（同比+14.9%），净利润1,018 亿美元（同比+15.5%），毛利率维持68.8%高位，智能云（Azure 为核心）营收增长23%成为主要驱动力，且现金流健康（经营现金 流1,362亿美元），但资本开支激增至171亿美元（聚焦AI基础设 施）。 业务发展 盈利预测 风险提示 作者 | 百万美元 | 2025A | 2026E | 2027E | 2028E | | --- | --- | --- | --- | --- | | 营业收入 | 281,724 | 321,165 | 359,705 | 395,676 | | （+/-)% | 14.93 | 14.00 | 12.00 | 10.00 | | 营业利润 | 128,528 | 144,525 | 161,868 | 178,05 ...

Core Insights - Nebius Group N.V. (NBIS) aims to secure 1 gigawatt (GW) of capacity by 2026, targeting "mid-single digit billions of dollars in revenues" in the mid-term [1][4] - The company plans to achieve 220 megawatts (MW) of connected power by 2025, including 100 MW of active power, with new data centers in the UK, Israel, New Jersey, and capacity expansion in Finland [2][11] - Nebius has raised its 2025 annualized run rate (ARR) guidance to $900 million to $1.1 billion, up from $750 million to $1 billion, citing accelerating AI demand [4][11] Capacity Expansion - The 1 GW capacity target positions Nebius to benefit from increasing demand for AI compute, with an annualized run rate (ARR) increasing from $249 million in March to $430 million in June [3] - The company is focusing on greenfield development due to lower total cost of ownership, which is nearly 20% below the market average [2] Competitive Landscape - Intense competition exists in the AI infrastructure space, with other players also expanding capacity to capture demand [5] - CoreWeave (CRWV) is ramping up capacity aggressively, targeting over 900 MW of active power by year-end and raising its 2025 revenue guidance to $5.15-$5.35 billion [6][7] Market Positioning - Microsoft (MSFT) is a dominant player in the tech space, rapidly expanding its Azure platform for AI workloads, having added over 2 GW of new datacenter capacity in the past year [8][9] - Nebius shares have gained 161.9% year to date, outperforming the Internet – Software and Services industry's growth of 26.2% [10]

August 19, 2025 01:47 AM GMT US Technology | North America Large-Cap Institutional Ownership 2Q25: NVDA Now The Most Under-Owned Mega- Cap Tech Stock Mega-cap tech stocks are the most under-owned in 16+ years, w/ the gap vs. S&P widening to -140bps exiting 2Q25 vs. -116bps exiting 1Q25, while the rest of large-cap tech is slightly over- owned at +15bps. NVDA is now the most under-owned large-cap tech stock, followed by MSFT, AAPL, AMZN and AVGO. Mega-cap Tech stocks are more under-owned vs. the S&P 500 exit ...

Key Takeaways Oracle teams up with Google Cloud to bring Gemini models, starting with Gemini 2.5, into OCI.Customers gain seamless Gemini access via OCI Generative AI, billed through Universal Credits.Q4 cloud revenues rose 27% to $6.7B, reflecting strong demand for Oracle's AI-driven cloud.Oracle (ORCL) is capitalizing on the momentum of its generative AI (GenAI) strategy, and its latest partnership with Google Cloud signals a bold step forward. By bringing Google’s Gemini models, starting with Gemini 2.5, ...

Core Insights - Microsoft is experiencing significant growth in its Azure platform, with cloud revenues increasing by 27% year-over-year to $46.7 billion in Q4 fiscal 2025, driven by a 39% rise in Azure and other cloud services [1][10] - Azure's annual revenues have surpassed $75 billion, making it the largest contributor to Microsoft's overall revenue growth, which reached $76.4 billion in Q4, an 18% increase from the previous year [2][10] - The growth momentum is attributed to enterprises migrating legacy workloads, scaling cloud-native applications, and deploying AI-driven solutions, with over 14,000 customers utilizing Azure AI Foundry for generative AI models [3] Financial Performance - Microsoft's capital expenditures reached a record $24.2 billion in the quarter, with plans to increase to $30 billion in Q1 fiscal 2026, potentially reaching $120 billion annually [4] - The Zacks Consensus Estimate projects revenue growth of 13.8% for fiscal 2026 and 14.3% for fiscal 2027 [5] Competitive Landscape - Amazon Web Services (AWS) maintains a leading position in the cloud infrastructure market with a 30-32% global market share, but faces increasing competition from Microsoft and Google due to their rapid advancements in AI-driven cloud services [6] - Google Cloud Platform (GCP) is emerging as a strong competitor, reporting $13.62 billion in revenues for Q2 2025, a 31.7% year-over-year increase, with an annual run rate exceeding $50 billion [7] Stock Performance and Valuation - Microsoft shares have appreciated 23.4% year-to-date, outperforming the Zacks Computer – Software industry and the broader Computer and Technology sector [8] - The stock is currently trading at a forward Price/Sales ratio of 11.83X, compared to the industry's 8.69X, indicating a premium valuation [11] - The Zacks Consensus Estimate for fiscal 2026 earnings is $15.32 per share, reflecting a 12.32% year-over-year growth [14]

Group 1: Dividend Information - Microsoft is set to reward investors with a dividend payment of $0.83 per share on September 11, unchanged from the previous quarter [2] - The company has a forward dividend yield of 0.64%, with an annual payout of $3.32 per share and a payout ratio of 21.40% [1][2] Group 2: Stock Performance - Microsoft shares closed at $520, down 0.44% on the day, but are up 24% year-to-date [3] - Despite recent volatility, Microsoft stock is supported by strong fundamentals [5] Group 3: Financial Performance - In Q4 FY2025, Microsoft reported revenue of $76.4 billion, an 18% year-over-year increase, and net income of $27.2 billion, a 24% increase [5] - Earnings per share climbed 24% to $3.65, surpassing estimates [5] Group 4: Growth Drivers - The Intelligent Cloud segment is a key growth driver, with revenue up 26% to $29.9 billion and Azure revenue increasing by 39% [6] - For the full year, Microsoft reported $281.7 billion in revenue and $101.8 billion in net income, reflecting a 16% increase [7] Group 5: Future Outlook - Microsoft projects continued double-digit growth in FY2026, with over $30 billion in Q1 capital expenditures allocated for scaling AI infrastructure [7] - Wall Street sentiment is bullish, with target prices set at $680 by Citi, $675 by Jefferies, and $650 by UBS [7]