Microsoft AI Capex Surpasses $175 Billion Amid $678 Billion Backlog Growth

Key Facts

1Microsoft's AI capital expenditure has exceeded $175 billion.

2The company holds a $678 billion backlog bolstered by Azure growth and strong Copilot demand.

Microsoft's AI capital expenditure has exceeded $175 billion. Zacks reported that the company holds a $678 billion backlog, bolstered by Azure growth and strong demand for Copilot technologies. These massive investments are part of the company's efforts to secure sustainable returns within the cloud computing sector.

MSFT closed at $529.76 on October 7, 2026, after reaching a session high of $531.73. During the same period, META closed at $721.31 and GOOGL closed at $350.5 on October 7, 2026, reflecting the pricing performance of major tech peers amid the expansion of AI infrastructure.