Microsoft raises AI infrastructure spending outlook as Azure growth tops expectations

<p class="P1" data-sourcepos="5:1-5:393;125-517">Microsoft reported stronger-than-expected fiscal fourth-quarter results, driven by accelerating Azure cloud growth and rising adoption of its AI products, reinforcing investor confidence that the company's heavy investments in AI are generating commercial returns. Robust guidance for the current quarter and continued enterprise demand also eased concerns over spending on AI infrastructure.