---
title: "More good news on the AI infrastructure trade. $Microsoft(MSFT.US) Capex for December was 25% higher"
description: "More good news on the AI infrastructure trade. $Microsoft(MSFT.US) Capex for December was 25% higher than expected. If you roll that through for CY26, implies Capex up around more than 50% compared pr"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/100000000432267.md"
published_at: "2026-01-28T21:51:53.000Z"
author: "[Gene Munster](https://longbridge.com/en/profiles/21804449)"
---

# More good news on the AI infrastructure trade. $Microsoft(MSFT.US) Capex for December was 25% higher

More good news on the AI infrastructure trade.

$Microsoft(MSFT.US) Capex for December was 25% higher than expected.

If you roll that through for CY26, implies Capex up around more than 50% compared previous expectations of 30%.

Need to wait for the call 5:30p ET to confirm they will continue to spend at those levels.

Source: Gene Munster

### Related Stocks

- [MSFT.US - Microsoft](https://longbridge.com/en/quote/MSFT.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.