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Update: Market Chatter: Microsoft Plans to More Than Triple Data Center Capacity

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(Updates with Microsoft's response in the last paragraph.)

Microsoft (MSFT) intends to more than triple its global data center capacity to over 38 gigawatts in 2032, potentially helping it overcome a computing shortage that has forced it to turn away some artificial intelligence and cloud business, Bloomberg reported late Thursday, citing people familiar with the plans.

The plan could change as server farms take years to develop, while evolving customer preferences and new technology could reset current assumptions, according to the media report.

A Microsoft spokesperson toldthat recent reports speculating Microsoft's future datacenter buildout do not correctly reflect the company's financial results and projections. "Microsoft's SEC filings contain the complete and official disclosure of its financial performance and should serve as the sole source of record for reported financial results", the spokesperson added.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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