Microsoft Corporation (MSFT) announces a $23 billion investment plan, focusing on global AI initiatives. In India, $17.5 billion will be invested to build the country’s largest cloud computing presence. Additional investments in Canada and partnerships with AI startups reflect Microsoft’s commitment to cloud leadership. Analysts reaffirm a “Buy” rating with a $650 price target on MSFT, projecting significant revenue growth from AI-driven upgrades. Microsoft also declares a quarterly dividend of $0.91 per share, highlighting its dedication to shareholder returns. With a strong presence in cloud, AI, and software solutions, Microsoft remains a key player in the tech industry.

Read more at Yahoo Finance: Microsoft (MSFT) Announces $23 Billion Investment Plan, Morgan Stanley Reiterates “Buy” Rating