Microsoft's capital expenditure for FY 2025's third quarter was slightly lower than expected, attributed to normal timing variances in data center leases. The company reported a strong $70.1 billion in revenue, marking a 13% increase from the previous year, with net income rising to $25.8 billion, an 18% increase. Cloud revenue also surged by 20% to $42.4 billion. Despite emphasizing their commitment to AI investment, CEO Satya Nadella noted that adjustments to data center builds should not be viewed as negative indicators since they've been routinely managing build pace for over a decade.
We've always been making adjustments to what pace we build, all through the last 10, 15 years.
Cloud and AI are the essential inputs for every business to expand output, reduce costs and accelerate growth.
The reality is we've always been making adjustments to build, lease, what pace we build all through the last 10, 15 years.
You don't want to be upside down on having one big data center in one region when you have a global demand footprint.
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