Microsoft Corporation (MSFT)[Tv]

Key Developments

• Microsoft secures a landmark 20-year, 2.67-gigawatt behind-the-meter power deal with Chevron to fuel its Project Kilby data center in Texas, marking a transformative step toward energy sovereignty and positioning the company as a pioneer in AI infrastructure resilience.
• Microsoft announces a strategic pivot to energy independence by restarting the Three Mile Island nuclear plant, securing 835 megawatts of carbon-free power—a first-mover move that redefines energy as a competitive moat for AI scalability.
• Microsoft signs a $9.7 billion, five-year AI cloud deal with IREN, validating its shift toward external infrastructure partnerships to overcome data center construction delays and accelerate AI compute capacity.
• A high-profile securities class action lawsuit is filed, alleging Microsoft misled investors about Copilot’s actual performance—claiming only 15 million seats were sold—and falsely portrayed Azure growth amid real capacity constraints, posing a major reputational and legal threat.
• Microsoft executes a $900 million voluntary retirement program and cuts 4,800 jobs, primarily in Xbox, signaling a major corporate restructuring to realign resources toward AI infrastructure and address financial strain from soaring capex.