Microsoft CFO Amy Hood expressed confidence in returns from heavy AI infrastructure spending, saying each dollar of capex has potential to support more revenue and higher returns over time. The company spent $45.2 billion in Q1 and expects over $50 billion in Q2. Hood expects Microsoft to maintain positive free cash flow this fiscal year. The comments address market worries about AI infrastructure investment returns.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.
