Microsoft has projected a record-breaking capital expenditure of $30 billion for its current fiscal first quarter, which is Q3 2025, driven by surging demand for AI services and its fast-growing Azure cloud business.
This marks the tech giant’s largest quarterly investment to date and signals its intent to pull ahead in the escalating AI infrastructure race.
The spending forecast, which beat analyst expectations of $23.75 billion, comes as Big Tech ramps up investments to meet the demands of generative AI.