Nhu cầu về Microsoft Azure vượt quá công suất, 90% doanh thu đám mây đến từ các khách hàng không phải là người dùng mô hình AI hàng đầu

The Huoxing Finance report states that on July 30, Microsoft indicated during its earnings call that demand for Azure continues to exceed current capacity, and newly deployed AI infrastructure capacity can achieve economic returns within the same quarter of deployment. The company expects free cash flow to return to positive growth in fiscal year 2027 as capital expenditure growth slows. Additionally, Microsoft CFO Amy Hood revealed that the company’s Cloud business revenue reached $214.4 billion in fiscal year 2026, with Azure’s annual revenue surpassing $100 billion for the first time. Notably, nearly 90% of the Cloud business revenue comes from customers outside leading large model companies such as OpenAI and Anthropic, indicating that enterprise-level AI demand has broadly expanded to a wider range of industry clients rather than being primarily reliant on top AI model developers. As of the time of this article, Microsoft’s U.S. stock rose 8.83% in after-hours trading.