Microsoft Reaches for the Clouds With Big Capex Increase: Chart

How Microsoft’s Shift to Cloud Impacted Margins

Microsoft Corp. increased quarterly capital expenditures by the most since 2014 to build more data centers and expand cloud services. As the company’s Azure and Office 365 businesses grow, Microsoft wants more computing power and data centers closer to customers for faster service delivery. Global privacy concerns are also fueling demand for data centers located in home countries or regions.

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