Microsoft’s Q3 capex rose 52.9% YoY to $21.4B, vs. $22.4B est.; Microsoft reiterated this month that it would spend $80B on its data center build-out this year (Reuters)

Reuters:
Microsoft's Q3 capex rose 52.9% YoY to $21.4B, vs. $22.4B est.; Microsoft reiterated this month that it would spend $80B on its data center build-out this year  —  Microsoft (MSFT.O) topped quarterly revenue expectations on Wednesday on strong Azure cloud-computing growth …