-1.37% to $490.30 from $497.12
What moved MSFT
- Microsoft confirmed a Windows and Surface event for October 7 in San Francisco, its first major Windows event in about two years.
- CEO Satya Nadella, Nvidia CEO Jensen Huang and Windows chief Pavan Davuluri are set to appear, with the event centered on how local AI will shape the next generation of PCs.
- The event is expected to detail the Surface Laptop Ultra and the Nvidia RTX Spark chip powering it.
- Shares slipped alongside the broader market following the Fed’s rate decision even as analysts maintained bullish price targets.
Sources: Windows Central · Thurrott · Windows Report · ad-hoc-news.de
+0.65% to $495.63 from $492.44
What moved MSFT
- Microsoft plans to expand its global data-center network to more than 38 gigawatts of capacity by 2032, more than triple its current footprint of about 12 gigawatts, according to a report.
- The expansion responds to hardware constraints that have forced Microsoft to turn away some cloud and AI clients, restrict new subscriptions, and push some customers toward rivals.
- Only about 2 gigawatts of Microsoft’s current 12-gigawatt capacity is dedicated to AI-specific chips, a share the company expects to grow to roughly a third of its future 38-gigawatt total.
Sources: Bloomberg · Data Center Dynamics
+1.75% to $505.06 from $496.37
What moved MSFT
- Microsoft and HUMAIN announced a long-term strategic collaboration to advance AI transformation in Saudi Arabia and beyond.
- Initial focus areas include bringing HUMAIN’s Arabic-language ALLAM models to Microsoft Foundry and pairing HUMAIN’s AI experts with Microsoft’s Forward Deployed Engineers to help organizations deploy AI solutions.
- ALLAM models could also become accessible through Microsoft 365 Copilot, supporting specialized AI agents for workplace and business-operations tasks.
- The companies said the agreement could later expand into AI infrastructure, devices and joint commercial initiatives across the Middle East and Africa.
Sources: PR Newswire · Gulf Business · StockTitan
+0.27% to $481.63 from $480.35
What moved MSFT
- China’s Ministry of State Security recently told some state-linked entities to uninstall a customized Windows 10 software from their machines, moving up the planned discontinuation by several months.
- The affected software, Windows 10 Government Edition, was developed by C&M Information Technologies, a joint venture between Microsoft and state-owned China Electronics Technology Group, and had originally been slated for retirement in February 2027.
- Microsoft said it is ‘not aware of a security incident affecting this product, which continues to receive regular security updates.’
- The accelerated directive comes weeks ahead of a planned meeting between President Trump and Chinese leader Xi Jinping.
Sources: Bloomberg