Microsoft Just Announced Huge News for Nvidia Shareholders
Microsoft will spend more on data centers throughout fiscal 2027.
Overview
If you're an Nvidia (NASDAQ: NVDA) investor, listening to what the artificial intelligence (AI) hyperscalers say is a must-do. These companies are huge clients, purchasing billions of dollars' worth of computing equipment from it. Microsoft (NASDAQ: MSFT) just made a big announcement regarding its plans, and it bodes well for the chipmaker.
This should be music to Nvidia investors' ears, but the market may not be as receptive.
Image source: Getty Images.
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Originally published at www.fool.com.
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